Bill

Bill > SB326


NM SB326

Water Project Fund Projects


summary

Introduced
01/23/2019
In Committee
03/10/2019
Crossed Over
02/18/2019
Passed
03/11/2019
Dead
Signed/Enacted/Adopted
03/11/2019

Introduced Session

2019 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS OR GRANTS FROM THE WATER PROJECT FUND FOR CERTAIN WATER PROJECTS; DECLARING AN EMERGENCY.

AI Summary

This bill authorizes the New Mexico Finance Authority to make loans or grants from the Water Project Fund to various qualifying entities for specific water projects, including flood prevention, water conservation, treatment, recycling, reuse, storage, conveyance, and delivery projects, as well as watershed restoration and management projects. The bill declares an emergency, stating that it is necessary for the public peace, health, and safety that the act take effect immediately.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (4)

Last Action

Signed by Governor - Chapter 76 - Mar. 27 (on 03/11/2019)

bill text


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