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F I S C A L I M P A C T R E P O R T
SPONSOR Grubesic
ORIGINAL DATE
LAST UPDATED
1/29/07
HB
SHORT TITLE International Conference on Creative Tourism
SB 505
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY07
FY08
$100.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Duplicates SB 414, HB 18 and HB 533.
SOURCES OF INFORMATION
LFC Files
Responses Received From
Tourism Department
SUMMARY
Synopsis of Bill
Senate Bill 505 appropriates $100 thousand from the general fund to the Tourism Department for
planning for an international conference on creative tourism in Santa Fe.
FISCAL IMPLICATIONS
The appropriation of $100 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2008 shall
revert to the general fund.
SIGNIFICANT ISSUES
As a member of the United Nations Educational, Scientific, and Cultural Organizations
(UNESCO) Creative Cities Network, the City of Santa Fe has proposed an international
conference on creative tourism to be held in Santa Fe in October 2007.
pg_0002
Senate Bill 505 – Page
2
PERFORMANCE IMPLICATIONS
According to the Tourism Department, the conference would assist the agency in improving
performance in the following measures:
New Mexico international and domestic tourism market share;
Number of visits to visitor information centers;
Percent increase in lodger's tax;
Percent change in tourists visiting New Mexico visitor information centers; and
Economic impact of tourism in the state of New Mexico.
ADMINISTRATIVE IMPLICATIONS
The Tourism Department finds they could administer this appropriation with existing resources.
CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP
Senate Bill 505 duplicates Senate Bill 414, House Bill 18 and House Bill 533.
OTHER SUBSTANTIVE ISSUES
New Mexico Tourism Department (NMTD) supports any legislation that promotes tourism and
that would increase international visitation to the state.
POSSIBLE QUESTIONS
Will the conference be held in Santa Fe regardless of the appropriation of state funds.
BE/nt