summary
Introduced
01/26/2022
01/26/2022
In Committee
02/15/2022
02/15/2022
Crossed Over
02/12/2022
02/12/2022
Passed
02/15/2022
02/15/2022
Dead
Signed/Enacted/Adopted
03/09/2022
03/09/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT RELATING TO GENERAL OBLIGATION BONDS; AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS, CONSTRUCTION AND ACQUISITIONS, FOR LIBRARY ACQUISITIONS AND FOR CAPITAL IMPROVEMENTS AND ACQUISITIONS AT INSTITUTIONS OF HIGHER EDUCATION, STATE SPECIAL SCHOOLS AND TRIBAL SCHOOLS; PROVIDING FOR A PROPERTY TAX LEVY FOR PAYMENT OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS; REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 2022 GENERAL ELECTION OF THE STATE; DECLARING AN EMERGENCY.
AI Summary
This bill authorizes the issuance and sale of capital projects general obligation bonds to make various capital expenditures, including improvements to senior citizen facilities, library acquisitions, and capital improvements and acquisitions at institutions of higher education, state special schools, and tribal schools. The bill provides for a property tax levy to pay the principal, interest, and expenses related to the bonds. The bonds must be approved by registered voters at the 2022 general election before they can be issued and sold.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Signed by Governor - Chapter 55 - Mar. 9 (on 03/09/2022)
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/Legislation/Legislation?chamber=H&legtype=B&legno=153&year=22 |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/final/HB0153.pdf |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/bills/house/HB0153.pdf |
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