Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance committees of the Legislature. LFC does not assume responsibility for the accuracy of these reports if they are used for other purposes. F I S C A L I M P A C T R E P O R T SPONSOR Szczepanski LAST UPDATED ORIGINAL DATE 1/21/2025 SHORT TITLE Feed Bill BILL NUMBER House Bill 1/ec ANALYST Courtney APPROPRIATION* (dollars in thousands) FY25 FY26 Recurring or Nonrecurring Fund Affected $47,547.6 Recurring General Fund $15,736.7 $465.8 Nonrecurring General Fund $1,000.0 $4,000.0 Nonrecurring Fund Balance Parentheses ( ) indicate expenditure decreases. *Amounts reflect most recent analysis of this legislation. Relates to appropriations in the General Appropriations Act Sources of Information LFC Files SUMMARY Synopsis of the Bill House Bill 1 appropriates $68.75 million from the general fund and cash balances for legislative session expenses and to various legislative agencies for interim expenses, including fiscal year 2026 (FY26) operating budgets of the Legislative Council Service (LCS), Legislative Finance Committee (LFC), Legislative Education Study Committee (LESC), and House and Senate chief clerk offices. Other appropriations include pre-session expenses, the legislative internship program, expenses of the Senate Rules Committee, and district office staff. The bill includes an emergency clause to take effect immediately on signature by the governor. FISCAL IMPLICATIONS House Bill 1 appropriates $16.2 million nonrecurring general fund revenue, including $11.5 million to fund the expenses of the First Session of the Fifty-Seventh Legislature. Other nonrecurring expenses include legislative information systems for $3.2 million, national dues and membership fees for $466 thousand (FY26), and two appropriations to the Legislative Finance Committee for the statewide job architecture study for $750 thousand and economic analysis software for $350 thousand. House Bill 1 also includes four nonrecurring appropriations from legislative fund balances, including three appropriations in FY25 for a legislative processing system, support for a meeting of NCSL’s law and clerks’ section to be held House Bill 1/ec – Page 2 in Santa Fe, and ongoing support of a laws database. The fourth nonrecurring appropriation from legislative fund balances is for $4 million is included for equipment, furniture, upgrades and repairs for the New Mexico State Capitol Complex and is made for FY26. House Bill 1 includes $47.5 million from the general fund for recurring expenses for legislative offices, including LCS, LFC, LESC and the House and Senate chief clerk offices, pre-session expenses, and the legislative internship program. House Bill 1 also includes a $14 million general fund appropriation for district office staff. Notably, Legislative Building Services is funded in the General Appropriation Act and is not included in the recurring total referenced above. A complete picture of legislative appropriations including the GAA recommendation for Legislative Building Services is included in the budget summary table below. House Bill 1/ec – Page 3 SIGNIFICANT ISSUES Section 2 provides standards for bills and other printed materials. Section 10 provides category transfer authority for legislative agencies. Section 11 addresses legislative performance measures. Section 12 includes an emergency clause. JC/rl/hg/rl