summary
Introduced
01/31/2022
01/31/2022
In Committee
02/08/2022
02/08/2022
Crossed Over
Passed
Dead
02/17/2022
02/17/2022
Introduced Session
2022 Regular Session
Bill Summary
AN ACT RELATING TO PUBLIC INFRASTRUCTURE; ENACTING THE RURAL INFRASTRUCTURE CRISIS RESPONSE ACT; CREATING THE RURAL INFRASTRUCTURE CRISIS RESPONSE FUND; ESTABLISHING ELIGIBILITY REQUIREMENTS FOR FINANCIAL ASSISTANCE; CREATING THE BUREAU OF RURAL INFRASTRUCTURE CRISIS RESPONSE; PROVIDING POWERS; ALLOCATING A PORTION OF THE SEVERANCE TAX BONDING FUND TO THE RURAL INFRASTRUCTURE CRISIS RESPONSE FUND; MAKING AN APPROPRIATION.
AI Summary
This bill, the Rural Infrastructure Crisis Response Act, aims to address critical public infrastructure issues in rural areas of New Mexico. It creates the Rural Infrastructure Crisis Response Fund to provide financial assistance to local authorities, such as small municipalities, counties, tribes, and water/sanitation districts, for the repair or replacement of infrastructure that has been damaged due to a crisis event. The bill establishes eligibility requirements, a process for submitting relief requests, and a bureau within the Department of Finance and Administration to evaluate and approve projects. It also allocates a portion of the Severance Tax Bonding Fund to the new crisis response fund and appropriates funds for engineering and financial evaluations. The overall goal is to help rural communities quickly restore essential infrastructure that is vital for public health, safety, and welfare.
Committee Categories
Agriculture and Natural Resources, Budget and Finance
Sponsors (4)
Last Action
House Appropriations & Finance Committee (00:00 2/10/2022 Room) (on 02/10/2022)
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=173&year=22 |
| BillText | https://www.nmlegis.gov/Sessions/22%20Regular/bills/house/HB0173.pdf |
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