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NM SB169

NM SB169
Evaluate Santolina Development


summary

Introduced
01/26/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO ECONOMICS; TASKING THE UNIVERSITY OF NEW MEXICO BUREAU OF BUSINESS AND ECONOMIC RESEARCH WITH EVALUATING THE FISCAL IMPACT ON VARIOUS GOVERNMENTAL ENTITIES OF THE PROPOSED SANTOLINA DEVELOPMENT IN BERNALILLO COUNTY; MAKING AN APPROPRIATION.

AI Summary

This bill tasks the University of New Mexico Bureau of Business and Economic Research with evaluating the fiscal impact of the proposed Santolina development in Bernalillo County on various government entities, including the state government, Albuquerque city government, the Albuquerque Metropolitan Arroyo Flood Control Authority, the Albuquerque Public School District, the Albuquerque-Bernalillo County Water Utility Authority, and Bernalillo County government. The evaluation will analyze the impact on infrastructure, utilities, and public facilities. The Bureau is required to present a report to legislative committees and make it available to the public. The bill also appropriates $100,000 from the general fund to the University of New Mexico for this evaluation.

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 01/26/2022)

bill text


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