New Mexico 2025 2025 Regular Session

New Mexico House Bill HB411 Introduced / Fiscal Note

Filed 02/19/2025

                    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 Armstrong/Dow 
LAST UPDATED 
ORIGINAL DATE 2/19/2025 
 
SHORT TITLE State Mineral 
BILL 
NUMBER House Bill 411 
  
ANALYST Rodriguez 
 
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT* 
(dollars in thousands) 
Agency/Program 
FY25 FY26 FY27 
3 Year 
Total Cost 
Recurring or 
Nonrecurring 
Fund 
Affected 
 
No fiscal 
impact 
No fiscal 
impact 
No fiscal 
impact 
   
Parentheses ( ) indicate expenditure decreases. 
*Amounts reflect most recent analysis of this legislation. 
 
Sources of Information
 
 
LFC Files 
 
Agency Analysis Received From 
Higher Education Department (HED) Tourism Department (NMTD) Agency Analysis was Solicited but Not Received From 
Energy, Minerals and Natural Resources Department (EMNRD) 
New Mexico Institute of Mining and Technology (NMIMT) 
Western New Mexico University (WNMU) 
 
SUMMARY 
 
Synopsis of House Bill 411   
 
House Bill 411 (HB411) establishes smithsonite as the official state mineral of New Mexico 
 
This bill does not contain an effective date and, as a result, would go into effect 90 days after the 
Legislature adjourns if enacted, or June 20, 2025. 
 
FISCAL IMPLICATIONS  
 
HB411 contains no appropriation and has no known fiscal implications. 
 
SIGNIFICANT ISSUES 
 
The following was summarized from a report from the New Mexico Bureau of Geology and 
Mineral Resources, a research division of the New Mexico Institute of Mining and Technology:   House Bill 411 – Page 2 
 
Smithsonite is one of the most beautiful and internationally recognized minerals from 
New Mexico. The mineral can be found in at least 25 mining districts in the state with the 
most significant smithsonite-producing deposits in the Magdalena and Fierro-Hanover 
mining districts. The immediate recognition of smithsonite is almost solely due to the 
beautiful blue-to-green hues of specimens, although they can range from white, gray, 
yellow, brown, blue, and green. In American Mineral Treasures, a widely accepted 
consensus of the 50 most important mineral specimen-producing localities in the United 
States, the Magdalena mining district was the sole locality included from New Mexico. 
 
JR/hj/SL2