Bill > HB206

This bill authorizes the New Mexico Finance Authority (NMFA) to provide loans or grants from the Water Project Fund to 62 different entities across New Mexico for various water-related projects. These projects include water storage, conveyance, delivery, conservation, recycling, treatment, reuse, and flood prevention initiatives. The qualifying entities range from Native American tribes and pueblos to cities, counties, water utility authorities, mutual domestic water associations, and soil and water conservation districts. The projects are spread across multiple counties including Cibola, Otero, Bernalillo, San Juan, Sandoval, Valencia, Lincoln, Colfax, Luna, Union, Dona Ana, Curry, Torrance, Rio Arriba, Santa Fe, McKinley, and others. The bill specifies the specific water project for each entity and declares an emergency, which means the act will take effect immediately upon passage to address critical water infrastructure and resource management needs across the state.

Agriculture and Natural Resources

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=206&year=25