New Mexico 2024 Regular Session

New Mexico Senate Bill SB131

Introduced
1/22/24  
Report Pass
1/23/24  

Caption

New Mexico Bowl Advertising

Impact

The impact of SB131 is twofold; it provides direct funding for advertising aimed at supporting the Isleta New Mexico Bowl and it underscores a legislative commitment to promoting tourism as a key economic driver for the state. By investing in statewide visibility for local events, the legislation is designed to attract more visitors to New Mexico, fostering an environment where tourism can flourish. This could lead to increased economic activity across various sectors reliant on tourism.

Summary

Senate Bill 131 proposes an appropriation of $900,000 from the general fund to the New Mexico Tourism Department for enhancing publicity and advertisement efforts related to the Isleta New Mexico Bowl. This funding is specifically allocated for fiscal years 2025 through 2027, with a cap on annual spending set at $300,000 per fiscal year. The aim of this bill is to increase the visibility of the event through advertisements on national television and other platforms, thereby potentially boosting tourism in New Mexico.

Contention

Although the bill is primarily focused on promoting a specific event, there may be points of contention regarding the allocation of general fund resources, given the pressing needs for funding across various state services. Critics might argue that spending such a significant sum on advertising could divert money from other essential services. Moreover, the effectiveness of advertising for sports events in generating tangible economic benefits could also be a focal discussion point among legislators.

Companion Bills

No companion bills found.

Previously Filed As

NM SB217

Advertising Campaigns & Lobbyist Compensation

NM SM53

"new Mexico Highlands Day"

NM SB12

Film Production Tax Credit Changes

NM HM16

"new Mexico Aerospace Day"

NM HB1

Feed Bill

NM HB505

Capital Outlay Projects

NM HB214

General Appropriation Act Of 2023

NM HM67

"new Mexico Trio Programs Day"

NM HB2

General Appropriation Act Of 2023

NM SB76

Procurement Code Changes

Similar Bills

No similar bills found.