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Bill > HB423


NM HB423

NM HB423
Water Security Planning Act Funds


summary

Introduced
02/13/2025
In Committee
02/21/2025
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING APPROPRIATIONS TO THE OFFICE OF THE STATE ENGINEER FOR WATER SECURITY PLANNING ACT, WATER DATA ACT AND RIO GRANDE COMPACT COMPLIANCE MEASURES.

AI Summary

This bill appropriates a total of $62 million from the general fund to the New Mexico Office of the State Engineer for water-related initiatives over fiscal years 2026-2028. Specifically, $30 million is allocated to provide grants to regional water planning entities through political subdivisions, supporting the Water Security Planning Act. Another $30 million is designated to improve the office's information technology systems and data access processes, ensuring compliance with the Water Data Act and Water Security Planning Act. The remaining $2 million is earmarked for developing rules and enforcing water rights along the Rio Grande from the Los Alamos highway bridge to Elephant Butte reservoir, with the goal of meeting New Mexico's water delivery obligations under the Rio Grande Compact. Any funds not spent by the end of the specified fiscal years will revert back to the general fund, ensuring fiscal accountability and proper use of the appropriated resources.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

Action Postponed Indefinitely (on 02/21/2025)

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