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NM SB204

NM SB204
Construct High-speed Railroad


summary

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

Introduced Session

2022 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE DEPARTMENT OF TRANSPORTATION TO CONSTRUCT A HIGH-SPEED PASSENGER RAILROAD IN NEW MEXICO.

AI Summary

This bill appropriates $1 billion from the general fund to the Department of Transportation to construct a high-speed passenger railroad that runs the length of New Mexico, from the southern border to the northern border, to be spent over the fiscal years 2023 through 2027. Any remaining balance at the end of fiscal year 2027 will revert back to the general fund.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 02/02/2022)

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