Bill > HB296

This bill reauthorizes or reappropriates balances, expands or changes purposes, extends expenditure periods, changes agencies, and establishes conditions for the reversion or transfer of unexpended balances of appropriations made by the legislature in prior years. Key provisions include: - Reverting unexpended balances from severance tax bonds, general fund, and other state fund appropriations to their originating funds or the tribal infrastructure project fund, with some exceptions. - Changing the purpose of an appropriation for Lovington from purchasing an ambulance to water and sewer system improvements. - Extending the expenditure period for projects in Otero County and Clayton. - Changing the purpose of an appropriation for the Agua Fria Community Water System Association from constructing a perimeter wall to installing solar panels and improving office and maintenance buildings. - Declaring an emergency to allow the act to take effect immediately.

Budget and Finance

https://www.nmlegis.gov/lcs/legislation.aspx?chamber=H&legtype=B&legno=296&year=21