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 Boone LAST UPDATED ORIGINAL DATE 2/20/2025 SHORT TITLE Agritourism Promotion BILL NUMBER Senate Bill 415 ANALYST Jorgensen APPROPRIATION* (dollars in thousands) FY25 FY26 Recurring or Nonrecurring Fund Affected $350.0 Recurring General Fund Parentheses ( ) indicate expenditure decreases. *Amounts reflect most recent analysis of this legislation. Sources of Information LFC Files Agency Analysis Received From New Mexico Department of Agriculture (NMDA) SUMMARY Synopsis of Senate Bill 415 Senate Bill 415 (SB415) appropriates $350 thousand from the general fund to the New Mexico Department of Agriculture (NMDA) for the purpose of marketing and promotion of agritourism in the state. 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 The appropriation of $350 thousand contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY26 shall revert to the general fund. SIGNIFICANT ISSUES NMDA currently markets and promotes agritourism. The department reports: Agritourism encourages agricultural education and appreciation by promoting farm visits, cooking classes, and harvest festivals that help educate the public about where their food comes from. This builds appreciation for local agriculture, strengthening community support for farmers and ranchers. Farmers can attract new customer bases, including eco- tourists, food enthusiasts, and schools looking for educational field trips. Senate Bill 415 – Page 2 According to the United States Department of Agriculture national agricultural statistics service’s state level data, there were 326 farms designated as agritourism and recreational services in the 2022 census report, down from 465 in the 2017 census report. CJ/hj/sgs