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NM SB127

NM SB127
High-speed Border-to-border Railroad


summary

Introduced
01/19/2023
In Committee
Crossed Over
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

High-speed Border-to-border Railroad

AI Summary

This bill appropriates $1 billion from the New Mexico general fund to the Department of Transportation for the construction of a high-speed passenger railroad that will run from the state's southern border to its northern border. The funding is allocated for fiscal years 2024 through 2028, and any remaining balance at the end of fiscal year 2028 will revert back to the general fund.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Senate Tax, Business and Transportation Committee (00:00:00 2/14/2023 Room 321) (on 02/14/2023)

bill text


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