NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.



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





SPONSOR: Thompson DATE TYPED: 02/23/99 HB 538/aHAFC
SHORT TITLE: Emergency Budget Adjustment Requests SB
ANALYST: Burch


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY99 FY2000 FY99 FY2000
NFI NFI



(Parenthesis ( ) Indicate Expenditure Decreases)



Relates to House Bill 539





SOURCES OF INFORMATION



LFC files



SUMMARY



Synopsis of HAFC Amendment



The amendment changes the third part of the definition of emergency or disaster event from "warrants the protection of the state's critical infrastructure" to "threatens damage to the state's critical infrastructure."



Synopsis of Bill



The bill amends Section 6-3-25 NMSA of the budget adjustment procedures to provide that a budget adjustment request (BAR) to increase funds pursuant an emergency or disaster declaration made by executive order is exempt from the required 10-day waiting period. The section is further amended to define "emergency or disaster event" as one that "threatens loss of life, threatens loss of property, or warrants the protection of the state's critical infrastructure".





Significant Issues



Although not provided by law, the LFC director does authorize waivers of the 10-day waiting period if justified.



RELATIONSHIP



House Bill 539, introduced by the same sponsor, also exempts budget increases resulting for an emergency or disaster declared by the governor in an executive order. The bill does not define "emergency or disaster incident".



DKB/prr:njw