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.



Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.





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



SPONSOR: Tsosie DATE TYPED: 02/07/00 HB
SHORT TITLE: Indian Water Rights Claims SB SJM 53
ANALYST: Pickering

APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01
NFI NFI

(Parenthesis ( ) Indicate Expenditure Decreases)



Duplicates HJM 59



SOURCES OF INFORMATION



Office of the State Engineer /Interstate Stream Commission (OSE/ISC)



SUMMARY



Synopsis of Bill



SJM53 requests the LFC to investigate and report on the necessity, practicability and appropriate strategy for creating a trust fund to support negotiation and settlement of Indian water rights claims in New Mexico.



Significant Issues



According to OSE, SJM53 presents a good opportunity to accelerate negotiation and settlement of outstanding Indian water rights claims outside of the lengthy and costly judicial process. By developing a strategy with demonstrated support from the legislature, OSE believes this would show serious intent on the part of the state to settle these claims.



SUBSTANTIVE ISSUES



The agency feels that legislative support can help produce a successful resolution of the Indian water rights claims. However, if no legislative assistance is provided, the consequences are continued protracted and expensive adjudications.



CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP



SJM 53 duplicates HJM 59.



RWP/gm