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: Ingle DATE TYPED: 3/5/01 HB
SHORT TITLE: Purchase Boone Draw SB 835/SPACS
ANALYST: Valenzuela


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY01 FY02 FY01 FY02
$ 320.0 Non-Recurring General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)



SOURCES OF INFORMATION



LFC Files

No agencies were contacted to analyze the bill because of the shortened time frame from when the committee substitute was introduced and moved to the Senate floor.



SUMMARY



Synopsis of Bill



The Senate Public Affairs Committee (SPAC) substitute for Senate Bill 835 makes an appropriation for $320.0 from the general fund to the Energy, Minerals and Natural Resources Department to acquire the land in Roosevelt county known as Boone Draw. The bill directs EMNRD to follow the procedure outlines in the Natural Lands Protection Act. The bill carries a reversion clause.



Significant Issues



If the land in question is being proposed to be used as a state park, numerous criteria must be studied and met before the state may purchase the land.



FISCAL IMPLICATIONS



Aside from the appropriation, the bill should not have a significant fiscal impact on EMNRD.



POSSIBLE QUESTIONS



Why is the proposed land being purchased by the state? For use as a state park?



How many acres is the land in question?





MFV/njw