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

SPONSOR:	Vigil		DATE TYPED:	02/23/03		HB	793
SHORT TITLE:		Natural Gas Geographic Boundaries				SB
					ANALYST:		Valenzuela

APPROPRIATION

Appropriation Contained		Estimated Additional Impact		Recurring or Non-Rec	Fund Affected
FY03	FY04	FY03	FY04
			NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

Response Received

Public Regulation Commission

Department of Environment

No Response

Energy, Minerals and Natural Resources Department

Office of the Attorney General

SUMMARY

Synopsis of Bill

House Bill 793 amends Section 3-25-3 NMSA 1978 by expanding the boundary within a municipality where a natural gas or geothermal utility may have transportation, pumping, storage, or purification plant from 50 to 100 miles. The bill revises the occurrences of “Public Utility Commission” to the proper name of “Public Regulation Commission.” The provisions of the bill will take effect July 1, 2003 if enacted.

Significant Issues

The PRC reports that it does not appear that the expansion of the limit considered in this bill would have any substantial effect, since it does not affect distribution facilities. The Department of Environment reports the bill does not have an impact on them.

MFV/yr