Bill > HB30

This bill clarifies that a lease of water under a water right and the subsequent use of that water shall not take effect until after the application has been approved in accordance with the law. The bill also makes changes to the existing law regarding the maximum term of water use leases, allowing certain entities like municipalities and community water systems to lease water use for up to 40 years, and acequias or community ditches to require approval of water use leases by their commissioners. The bill declares an emergency, indicating the need for it to take effect immediately.

Agriculture and Natural Resources, Justice

https://www.nmlegis.gov/lcs/legislation.aspx?chamber=H&legtype=B&legno=30&year=21