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F I S C A L I M P A C T R E P O R T
SPONSOR Sanchez, M.
ORIGINAL DATE
LAST UPDATED
1/29/08
HB
SHORT TITLE Market NM Golf Tourism
SB 393
ANALYST Earnest
APPROPRIATION (dollars in thousands)
Appropriation
Recurring
or Non-Rec
Fund
Affected
FY08
FY09
$250.0
Recurring
General Fund
(Parenthesis ( ) Indicate Expenditure Decreases)
SOURCES OF INFORMATION
LFC Files
Responses Received From
Tourism Department
SUMMARY
Synopsis of Bill
Senate Bill 393 appropriates $250 thousand from the general fund to the Tourism Department to
contract with a statewide nonprofit golf tourism marketing association to market New Mexico’s
golf tourism offerings to out-of-state audiences.
FISCAL IMPLICATIONS
The appropriation of $250 thousand contained in this bill is a recurring expense to the general
fund. Any unexpended or unencumbered balance remaining at the end of fiscal year 2009 shall
revert to the general fund.
SIGNIFICANT ISSUES
New Mexico's golf and hospitality industries have joined forces to promote New Mexico as a
national golf-tourism destination.
The Tourism Department (TD) is supportive of activities and events that result in increasing the
number of tourists to New Mexico. Golf continues to be a key attraction that draws out-of-state
visitors to New Mexico.
pg_0002
Senate Bill 393 – Page
2
A 2006 New Mexico State University economic study found that New Mexico’s ‘green
industries – including golf, golf tourism, and parks – had $1 billion economic impact to the
state's economy in the 2004-2005 fiscal year. The study noted that the direct impact on the New
Mexico economy from golf and golf tourism was $312 million.
According to the Tourism Department (TD), the agency has initiated and/or supported a number
of successful events in recent years designed to encourage golf tourism to New Mexico,
including the Tight Lies Tour in 2006, the Adams (Golf) Tour in 2007, and the New Mexico
Shootout in Elephant Butte in 2007, featuring popular players from the Ladies Professional Golf
Tour Association.
The tourism department spent about $123 thousand to market golf in FY06 and $155 thousand in
FY07. These figures include cooperative advertising grants to golfing organizations in the state.
ADMINISTRATIVE IMPLICATIONS
None identified. The Tourism Department would contract for services specified.
BE/mt