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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(Parenthesis ( ) Indicate Revenue Decreases)

Conflicts with Senate Bill 704

SOURCES OF INFORMATION

General Services Department

Economic Development Department

SUMMARY

Synopsis of Bill

Senate Bill 711 provides that the Property Control Division of the General Services Department shall provide free access to state buildings by the motion picture industry.

Significant Issues

According to the Film Division of the Economic Development Department, the bill would lead to increased productions in New Mexico, both from out-of-state and local production companies. The Property Control Division indicates that it currently provides access to state buildings at a reasonable market rate, which is required by law.

FISCAL IMPLICATIONS

The bill would have a minor negative effect on the Public Buildings Repair Fund. According to GSD, the Property Control Division collects an average of $5.0 per year from the lease of state facilities. Part of this revenue would be lost from the motion picture industry leases.

TECHNICAL ISSUES

Section 15-3-14 NMSA 1978 requires the Property Control Division to charge reasonable market rates for the private use of state facilities. This section would need to be amended or repealed.

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