[1] NOTE:  As provided in LFC policy, this report is intended only 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:

Lujan

 

DATE TYPED:

2/2/02

 

HB

403

 

SHORT TITLE:

Girls Fast Pitch Softball Championship

 

SB

 

 

 

ANALYST:

J. Sandoval

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY02

FY03

FY02

FY03

 

 

 

$15.0

 

 

Non-recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

LFC files

 

No Response

The Department of Finance and Administration

 

SUMMARY

 

House Bill 403 appropriates $15.0 from the general fund to Local Government Division of the Department of Finance and Administration for the purpose of promoting and supporting the girls Fast Pitch West National Softball Championship to be held in Santa Fe.

 

FISCAL IMPLICATIONS

 

The appropriation of $15.0 contained in this bill is a non-recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2003 shall revert to the general fund.

 

ADMINISTRATIVE IMPLICATIONS

 

None reported.

 

POSSIBLE QUESTIONS

 

  1. Why is the Fast Pitch West National Softball Championship seeking financial assistance from the State?

JFS/njw

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