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





SPONSOR: Maes DATE TYPED: 01/24/00 HB
SHORT TITLE: Establish NM Media Center SB 27
ANALYST: Woodlee


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 320.0 Recurring GF



(Parenthesis ( ) Indicate Expenditure Decreases)



Relates to SB30



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



The bill appropriates funds to the economic development department to contract for services to establish a New Mexico media center.



Significant Issues



The New Mexico media center is to provide facilities with technical capabilities to support New Mexico-based projects that explore local and regional issues. Technical equipment in the facility is to include digital media and film production equipment, cameras, full-capability editing suites and a reference library.



In addition to the facilities, the media center will sponsor artist-in-residence programs and an employment development program for individuals with an interest in media education or production of alternative media.





FISCAL IMPLICATIONS



The bill appropriates $320.0 from the general fund for expenditure in fiscal year 2001. Any unexpended or unencumbered balance remaining at the end of fiscal year 2001 shall revert to the general fund.



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