Bill > HB196

This bill appropriates a total of $60 million from New Mexico's general fund to the Department of Finance and Administration for distribution through the New Mexico Finance Authority across three specific funding areas: $25 million for the Behavioral Health Capital Funding Act, $25 million for the Primary Care Capital Funding Act, and $10 million for the Child Care Facility Loan Act. These appropriations are intended for fiscal year 2026 and subsequent years, with a unique provision that any unspent or uncommitted funds will not revert back to the general fund at the end of each fiscal year, which allows for longer-term flexibility in spending. The bill aims to provide significant capital funding to support behavioral health infrastructure, primary care facilities, and child care facilities in New Mexico, potentially enabling improvements in healthcare access and childcare services across the state by providing financial resources for facility development, renovation, or expansion.

Health and Social Services

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=196&year=25