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| SPONSOR: | Romero | DATE TYPED: | 02/01/99 | HB | |||
| SHORT TITLE: | Albuquerque Events Center Study | SB | 49 | ||||
| ANALYST: | Gonzales | ||||||
| Recurring
or Non-Rec |
Fund
Affected | ||||
| FY99 | FY2000 | FY99 | FY2000 | ||
| $ 200.0 | Non-Recurring | GF | |||
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates/Conflicts with/Companion to/Relates to
SOURCES OF INFORMATION
Local Government Division (LGD), Department of Finance and Administration (DFA)
Office of Cultural Affairs
SUMMARY
Synopsis of Bill
Senate Bill 49 provides a general fund appropriation to LGD for expenditure in fiscal year 2000 to study the feasibility of constructing a special events center in the city of Albuquerque.
FISCAL IMPLICATIONS
The bill makes a general fund appropriation of $200.0 for expenditure in fiscal year 2000. Any unexpended or unencumbered balance remaining at the end of fiscal year 2000 reverts to the general fund.
OTHER SUBSTANTIVE ISSUES
According to LGD, the proposed project is included in the Local Infrastructure Capital Improvement Plan (ICIP).
JMG/gm