Bill > HB2

This bill: The General Appropriation Act of 2024 makes general appropriations and authorizes expenditures by state agencies as required by law for fiscal year 2025. The key provisions of the bill include: - Defining key terms and providing definitions used throughout the act, such as "agency," "efficiency," "other state funds," and "performance measures." - Providing general provisions for the appropriations, such as requiring the state budget division to monitor revenue and authorizing budget increases from certain funds. - Appropriating funds for various state agencies, programs, and initiatives across government, including legislative, judicial, general control, commerce and industry, agriculture and natural resources, health and human services, public safety, transportation, and education. - Authorizing special appropriations, supplemental and deficiency appropriations, information technology appropriations, compensation appropriations, and transfers between various state funds. - Providing budget adjustment authority to certain agencies to request increases or transfers between budget categories and programs. The bill aims to provide the necessary resources and authority to state agencies to carry out their functions and responsibilities in fiscal year 2025.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=2&year=24