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| SPONSOR: | Lujan | DATE TYPED: | 3-1-99 | HB | 854 | ||
| SHORT TITLE: | Tribal Assistance Act | SB | |||||
| ANALYST: | Taylor | ||||||
| Subsequent
Years Impact |
Recurring
or Non-Rec |
Fund
Affected | ||
| FY99 | FY2000 | |||
| n.a. | $ 1,538.0 | $ 1,538.0 | Recurring | Tribal Assistance |
| n.a. | $ (1,538.0) | $ (1,538.0) | Recurring | General Fund |
(Parenthesis ( ) Indicate Revenue Decreases)
Duplicates/Conflicts with/Companion to/Relates to
SOURCES OF INFORMATION
Taxation and Revenue Department (TRD)
SUMMARY
Synopsis of Bill
House Bill 854, the Tribal Assistance Act, creates the tribal assistance fund and provides for an annual distribution to the fund. The distribution to the fund is equal to 3 percent of compensating tax revenue. The fund is to be administered by the Department of Finance and Administration, Local Government Division.
The annual distribution to a tribe is calculated at $10 dollars per tribal member, with a minimum distribution of $20 thousand. The distribution to the Navajo nation is to be further distributed to the tribal government to its New Mexico chapters in proportion to their population. The tribe may use the money for any tribal government purpose. Undistributed amounts in the trial assistance fund revert to the general fund.
FISCAL IMPLICATIONS
TRD reports that this bill would result in the redistribution of $1.5 million in revenue from the state's general fund to the tribal assistance fund. The revenue estimate is based on the 1997 census bureau estimate that there are 158 thousand native Americans in New Mexico. TRD notes that some unknown percentage of native Americans live outside the reservation boundaries, so the state would likely see a reversion if the tribal assistance fund were fully funded.
TECHNICAL ISSUES
TRD raises technical questions as to when the redirection of revenue should begin. See TRD FIR for details.
ADMINISTRATIVE IMPLICATIONS
TRD reports no administrative impact. There may be a small administrative impact on the Department of Finance and Administration, Local Government Division, but the Department did not issue a report on that matter.
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