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F I S C A L I M P A C T R E P O R T
SPONSOR Garcia
ORIGINAL DATE
LAST UPDATED
2/08/06
HB
SHORT TITLE
LATINO & NATIVE AMERICAN FILM
FESTIVAL
SB 587
ANALYST Weber
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY06
FY07
$50.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
Relates to SB 522
SOURCES OF INFORMATION
LFC Files
Responses Received From
Indian Affairs Department (IAD)
SUMMARY
Synopsis of Bill
Senate Bill 587 appropriates $50 thousand from the general fund to the Indian Affairs
Department for the purpose of a film festival for Latino and Native American film makers.
FISCAL IMPLICATIONS
The appropriation of $50 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of FY07 shall revert to
the general fund.
SIGNIFICANT ISSUES
Indian Affairs notes that in New Mexico, the production of film and television is burgeoning and
becoming a major economic development factor. A film festival for Latino and Native
American film makers could promote the capabilities and expertise now being developed in the
State. However, the IAD fears it may not have the marketing expertise to sponsor a film festival
pg_0002
Senate Bill 587 Page 2
and that the Department of Tourism or the Economic Development Department may be a better
choice with IAD functioning in a secondary role.
MW/yr