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Bill > HB62


NM HB62

NM HB62
Grant Opportunities Council


summary

Introduced
01/18/2022
In Committee
02/15/2022
Crossed Over
02/11/2022
Passed
02/17/2022
Dead
Vetoed
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO GOVERNMENT; CREATING THE GRANT OPPORTUNITIES COUNCIL; PROVIDING POWERS AND DUTIES; CREATING A FUND TO ASSIST POLITICAL SUBDIVISIONS WITH MATCH REQUIREMENTS FOR GRANT FUNDING; MAKING AN APPROPRIATION.

AI Summary

This bill creates the Grant Opportunities Council, which is administratively attached to the Department of Finance and Administration. The council is composed of various representatives from counties, municipalities, other political subdivisions, and grant professionals. The council is tasked with advising the Department of Finance and Administration on matters related to federal and other grants, including identifying best practices and barriers to procuring and managing grants, and providing an annual report on their activities and recommendations. Additionally, the bill creates the Grants Matching Fund, a non-reverting fund in the state treasury, to help political subdivisions meet match requirements for federal and other grants, with priority given to projects in rural and underserved areas, as well as smaller counties and municipalities.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (7)

Last Action

Pocket Veto (on 02/17/2022)

bill text


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