Bill > SB260

This bill provides a $50 million appropriation from the general fund to New Mexico's Department of Environment specifically for assessing and cleaning up abandoned or neglected contaminated sites across the state during fiscal years 2026 through 2028. The funding is targeted at sites that lack viable responsible parties who would normally be expected to fund and conduct cleanup actions, with a specific mention of abandoned uranium mining sites as an example of the type of locations that would benefit from this appropriation. Any funds not spent or committed by the end of fiscal year 2028 will be returned to the general fund, ensuring that the money is either used for its intended environmental remediation purpose or reclaimed by the state's primary funding account.

Agriculture and Natural Resources

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=260&year=25