Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the NM Legislature. The LFC does not assume responsibility for the accuracy of these reports
if they are used for other purposes.
Current FIRs (in HTML & Adobe PDF formats) are a vailable on the NM Legislative Website (legis.state.nm.us).
Adobe PDF versions include all attachments, whereas HTML versions may not. Previously issued FIRs and
attachments may be obtained from the LFC 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 Garcia, MH
ORIGINAL DATE
LAST UPDATED
2-10-06
HB 790
SHORT TITLE Latin American Art Exhibits
SB
ANALYST Segura
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$25.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
No Response From
Cultural Affairs Department (DCA)
SUMMARY
Synopsis of Bill
House Bill 790 appropriates $25.0 from the general fund to the DCA to support a traveling ex-
hibit of Latin American posters by Latin American artists through the national Hispanic Cultural
Center.
FISCAL IMPLICATIONS
House Bill 790 appropriates $25.0 from the general fund and is recurring. Any unexpended or
unencumbered balance remaining at the end of fiscal year 2007 shall revert.
ADMINISTRATIVE IMPLICATIONS
The program would be administered by the Museum and Monuments division working with the
New Mexico Hispanic Cultural Center.
pg_0002
House Bill 790 Page 2
CONFLICT, DUPLICATION, COMPANIONSHIP, RELATIONSHIP
The appropriation does not duplicate funding for this program in HAFC and SFC substitute for
HB2. If enacted the appropriation would be included in the Museum and Monument division
budget and allocated to the Hispanic Cultural Center.
RS/nt