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Bill > HB241


NM HB241

NM HB241
Water Trust Fund Mutual Domestic Set-aside


summary

Introduced
02/02/2021
In Committee
03/09/2021
Crossed Over
03/03/2021
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO THE WATER TRUST BOARD; REQUIRING THE BOARD TO SET ASIDE TEN PERCENT OF AN ALLOCATION FOR QUALIFYING WATER PROJECTS FROM THE WATER PROJECT FUND FOR QUALIFYING WATER PROJECTS THAT SERVE MUTUAL DOMESTIC WATER SYSTEMS IN URGENT NEED.

AI Summary

This bill requires the Water Trust Board to set aside 10% of the annual allocation from the Water Project Fund for grants to qualifying water projects that serve mutual domestic water systems in urgent need. The bill also specifies that these mutual domestic water systems shall not be required to have matching contributions or be part of an accepted regional water planning area to receive priority points. The funding can be used to acquire necessary state and federal permits and authorizations.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (3)

Last Action

SCONC: Reported by committee with Do Pass recommendation with amendment(s) (on 03/09/2021)

bill text


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