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 Murphy/Dow LAST UPDATED ORIGINAL DATE 2/21/2025 SHORT TITLE Retiring of State Flags BILL NUMBER House Bill 468 ANALYST Hanika-Ortiz 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 was Solicited but Not Received From Department of Military Affairs (DMA) General Services Department (GSD) SUMMARY Synopsis of House Bill 468 House Bill 468 (HB468) enacts the manner in which a New Mexico state flag is retired. If no longer used or useful, the flag may be destroyed in a dignified manner in a public ceremony under the direction of military service personnel, a patriotic society, or a private ceremony. 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 This bill does not have a fiscal impact. SIGNIFICANT ISSUES The U.S. Flag Code (Title 4, Chapter 1) provides guidelines on the disposal of the American flag if worn, torn, or no longer suitable for display. Generally, states follow those guidelines. Veteran and scouting groups have been known to conduct flag retirement ceremonies. House Bill 468 – Page 2 ADMINISTRATIVE IMPLICATIONS GSD is responsible for retiring state flags for state-owned buildings, with some exceptions. AHO/hj/SL2