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F I S C A L I M P A C T R E P O R T

SPONSOR:	Luna		DATE TYPED:	02/22/99		HB	474
SHORT TITLE:		Los Lunas Hospital & Training Center Lease				SB
					ANALYST:		Woodlee

APPROPRIATION

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY99

FY2000

FY99

FY2000

$ 0.0

Parenthesis ( ) Indicate Expenditure Decreases)

REVENUE

Estimated Revenue		Subsequent Years Impact	Recurring or Non-Rec	Fund Affected
FY99	FY2000	Subsequent Years Impact	Recurring or Non-Rec	Fund Affected
	(undetermined)	(undetermined)	Recurring	Public Buildings Repair Fund
	(undetermined)	(undetermined)	Non-Recurring	Property Control Reserve Fund

(Parenthesis ( ) Indicate Revenue Decreases)

Relates to SJR 14

SOURCES OF INFORMATION

General Services Department, Property Control Division

Attorney General

SUMMARY

Synopsis of Bill

House Bill 474 requires the General Services Department to lease the old campus of the Los Lunas Hospital and training center to the Los Lunas School District for a period of five years. The school district is required to have the property re-surveyed, and to provide the survey and legal description to the Department within the term of the lease.

Significant Issues

According to the Attorney General, to the extent this bill requires GSD to enter into this lease, it may violate the separation of powers doctrine. Legislative ratification and approval is only necessary when a lease term exceeds 25 years and the consideration is greater than $100.0, which is not this case.

FISCAL IMPLICATIONS

According to GSD, the Public Buildings Repair Fund would lose potential rent payments and the Property Control Reserve Fund would lose revenue from potential property sale.

ADMINISTRATIVE IMPLICATIONS

The Department indicates that any administrative functions relating to this bill could be absorbed within their existing capacity.

CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

Relates to Senate Joint Resolution 14, "Valencia County Property Transfer."

MW/gm:njw