summary
Introduced
02/18/2021
02/18/2021
In Committee
03/05/2021
03/05/2021
Crossed Over
03/10/2021
03/10/2021
Passed
Dead
03/20/2021
03/20/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO LOCAL GOVERNMENT; ENACTING THE IMPROVEMENT SPECIAL ASSESSMENT ACT; AUTHORIZING COUNTIES TO IMPOSE, ADMINISTER AND DISBURSE SPECIAL ASSESSMENTS TO ENCOURAGE THE DEVELOPMENT OF CERTAIN PROPERTY IMPROVEMENTS; REPEALING THE SOLAR ENERGY IMPROVEMENT SPECIAL ASSESSMENT ACT.
AI Summary
This bill enacts the Improvement Special Assessment Act, which authorizes counties to establish a program to allow property owners to finance eligible improvements, such as energy efficiency, renewable energy, water conservation, and resiliency improvements, through special assessments on their property. The bill defines key terms, outlines the process for counties to establish a program and approve special assessments, details the creation and enforcement of special assessment liens, and establishes the roles and responsibilities of the state's Economic Development Department and program administrators. The bill also repeals the existing Solar Energy Improvement Special Assessment Act.
Committee Categories
Budget and Finance, Government Affairs, Justice
Sponsors (1)
Last Action
Sent to SJC - Referrals: SJC (on 03/11/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=H&legtype=B&legno=299&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/house/HB0299.pdf |
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