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





SPONSOR: Lujan DATE TYPED: 02/09/00 HB 483
SHORT TITLE: Furniture and Equipment Used by Nonprofit SB
ANALYST: Gonzales


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 100.0 Non-Recurring GF

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



State Agency on Aging (SAOA)

Department of Finance and Administration (DFA)

Governor's Committee on Concern of the Handicapped (GCCH)



SUMMARY



Synopsis of Bill



House Bill 483 appropriates $100.0 from the general fund for the city of Santa Fe to purchase furniture, fixtures and equipment to be used by a nonprofit organization that provides services to the frail, elderly, disabled and economically disadvantaged people of northern New Mexico.



FISCAL IMPLICATIONS



This bill makes a $100.0 general fund appropriation to the Local Government Division, DFA, for expenditure in FY01 for the purpose stated above. Any unexpended or unencumbered balance remaining at the end of FY01 reverts to the general fund.



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