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Bill > SB415


NM SB415

NM SB415
Conservancy Dist. Charge & Assessment Limits


summary

Introduced
02/18/2021
In Committee
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO SPECIAL DISTRICTS; ESTABLISHING A TWO PERCENT LIMIT FOR INCREASES IN ASSESSMENTS OR WATER SERVICE CHARGES IN A GIVEN YEAR FOR A CONSERVANCY DISTRICT THAT WAS ESTABLISHED PRIOR TO 1930 AND CONSISTING OF MORE THAN ONE HUNDRED THOUSAND ACRES SITUATE IN FOUR OR MORE COUNTIES.

AI Summary

This bill establishes a two percent limit for increases in assessments or water service charges in a given year for a conservancy district that was established prior to 1930 and consists of more than one hundred thousand acres situated in four or more counties. The bill also provides details on the assessment and water service charge process for such conservancy districts, including setting non-residential assessments at least 25% higher than residential and agricultural assessments, establishing a minimum one-acre water service charge, and allowing property owners to appeal the board's decisions.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Senate Indian, Rural and Cultural Affairs Committee (09:00 2/25/2021 Room 303) (on 02/25/2021)

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