Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC in Suite 101 of the State Capitol Building North.
F I S C A L I M P A C T R E P O R T
SPONSOR Jennings
ORIGINAL DATE
LAST UPDATED
2/4/08
HB
SHORT TITLE Chaves County Land Transfer
SJR 13
ANALYST Cox
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
NFI
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION"
LFC Files
Responses Received From
Office of the State Engineer (OSE)
Attorney General’s Office (AGO)
SUMMARY
Synopsis of Bill
Senate Joint Resolution 13 seeks to ratify and approve a donation or other transfer of 5 parcels of
land in Chaves County by the Interstate Stream Commission (ISC) to the town of Hagerman,
containing 236.657 acres.
Copies of this resolution are to be transmitted to the chair of the Interstate Stream Commission
and to the Mayor and Town Council of the town of Hagerman.
FISCAL IMPLICATIONS
OSE notes:
If the Interstate Stream Commission disposes of the property by donation, the ISC will not
received revenue from the sale of the property. As currently provided in S227, if the ISC
receives authorization to sell land it has purchased pursuant to 72-1-2.4, funds received from the
sale can be used in the Pecos Land Management Fund, 72-1-2.5.