NOTE: As provided in LFC policy, this report is intended 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: SFC DATE TYPED: 02/13/00 HB
SHORT TITLE: Native American Library Endowment Fund SB 434/SFCS
ANALYST: Valenzuela

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NFI NFI

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates/Conflicts with/Companion to/Relates to

SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of SFC Substitute



The Senate Finance Committee substitute creates a new tribal libraries endowment fund. The fund will consist of all monies appropriated to the fund, and any grants, gifts and bequests. The bill states the Office of Cultural Affairs (OCA) shall make disbursements from the earnings on the investment of the fund.



The purpose of the fund will be to establish and maintain a library depository and distribution system for Native American documents and publications. The bill identifies the State Library Division of the Office of Cultural Affairs (OCA) as the administrator of the fund.



Significant Issues



The State Library Division funds tribal libraries and information centers at approximately $100.0 annually and contracts almost $100.0 with consultants who provide support to tribal libraries.



ADMINISTRATIVE IMPLICATIONS



The bill would have an impact on the State Library Division, who would have to promulgate new rules. However, the division is well-versed in managing these type of programs and consequently, should be able to absorb the administrative and fiscal impact of this program.



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