Bill

Bill > SB137


NM SB137

NM SB137
Nmfa Water Projects


summary

Introduced
01/31/2021
In Committee
03/10/2021
Crossed Over
02/19/2021
Passed
03/14/2021
Dead
Signed/Enacted/Adopted
03/14/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO 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 entities in New Mexico for a range of water-related projects, including flood prevention, water conservation, treatment, recycling, storage, conveyance, and delivery, as well as watershed restoration and management. 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 (3)

Last Action

Signed by Governor - Chapter 48 - Apr. 5 (on 03/14/2021)

bill text


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