Bill > SB276

This bill appropriates $2 million from New Mexico's general fund to the Uranium Mining Reclamation Revolving Fund for conducting uranium mine and mill reclamation activities during fiscal year 2026 and subsequent fiscal years. The unique aspect of this appropriation is that any unused funds at the end of a fiscal year will not be returned to the general fund, which allows the money to remain available for ongoing uranium mine reclamation efforts. Uranium mining often leaves behind environmental contamination, and this fund is designed to support cleanup and restoration of sites where uranium has been extracted, helping to mitigate potential environmental and health risks associated with abandoned or inactive uranium mining locations.

Government Affairs

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=276&year=25