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





SPONSOR: Aragon DATE TYPED: 02/04/00 HB
SHORT TITLE: Hispanic Cultural Programs SB 350
ANALYST: Valenzuela


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
$ 200.0 Recurring General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



Senate Bill 350 appropriates $200.0 from the general fund to the Office of Cultural Affairs (OCA) to implement Hispanic cultural programs throughout New Mexico. The appropriation would be used to develop programs that would celebrate New Mexico's Hispanic history, heritage and culture. The bill contains a clause that would require the OCA to revert any unexpended FY01 balance.



FISCAL IMPLICATIONS



Aside from the appropriation in the bill, there would be no fiscal impact on OCA from enacting Senate Bill 350.



ADMINISTRATIVE IMPLICATIONS



The administrative impact of the bill is minor and the OCA could absorb the impact with its existing resources.



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