Bill > HB450

This bill authorizes the issuance of severance tax bonds and makes appropriations from various state funds for capital outlay projects across New Mexico for fiscal years 2025 through 2029. * **Administrative Office of the Courts:** $10,000,000 from severance tax bonds for magistrate court improvements statewide. * **Capital Program Fund:** * $10,000,000 from severance tax bonds for a veterans' resource center in Albuquerque. * $5,000,000 from severance tax bonds for the Mora County courthouse. * $40,000,000 from severance tax bonds for a firefighter memorial, training facility, and wildfire response facility in Santa Fe, including $5,000,000 for the Socorro firefighters training academy. * $40,000,000 from severance tax bonds for a new forensic unit at the New Mexico behavioral health institute in Las Vegas. * $7,000,000 from severance tax bonds for a law enforcement training facility in Santa Fe. * $8,000,000 from severance tax bonds for improvements to correctional facilities statewide. * $5,000,000 from severance tax bonds for improvements to Department of Health facilities statewide. * $5,000,000 from severance tax bonds for improvements to Department of Public Safety facilities statewide. * $4,000,000 from severance tax bonds for improvements to museums, monuments, historic sites, and cultural facilities statewide. * $10,000,000 from severance tax bonds for a film school at Central New Mexico Community College in Albuquerque. * $7,000,000 from severance tax bonds for improvements to Energy, Minerals and Natural Resources Department forestry division facilities statewide. * $40,000,000 from severance tax bonds for improvements to state park facilities, restrooms, and infrastructure statewide. * $20,000,000 from severance tax bonds for public safety radio communications systems statewide. * $3,000,000 from severance tax bonds for infrastructure improvements at New Mexico Highlands University in Las Vegas. * $4,500,000 from severance tax bonds for a biomedical building at New Mexico State University in Las Cruces. * $1,500,000 from severance tax bonds for improvements to O'Donnell Hall at New Mexico State University in Las Cruces. * $7,000,000 from severance tax bonds for water system improvements at New Mexico State University in Las Cruces. * $25,000,000 from severance tax bonds for renovations to the University of New Mexico Health Sciences Center College of Pharmacy in Albuquerque. * $40,000,000 from severance tax bonds for a humanities and social sciences complex at the University of New Mexico in Albuquerque. * $4,000,000 from the General Fund for an analytical laboratory in Albuquerque. * $3,000,000 from the General Fund for the Mora County courthouse. * $1,000,000 from the General Fund for improvements to the entrance at Fort Marcy Park in Santa Fe. * $2,000,000 from the General Fund for security access control and video surveillance for Department of Information Technology data centers. * $6,000,000 from the General Fund for improvements to Department of Transportation patrol yards statewide. * $10,000,000 from the General Fund for improvements to state-owned facilities statewide. * $4,000,000 from the General Fund for improvements to veterans' cemeteries and memorials statewide. * $2,000,000 from the General Fund for improvements to job centers statewide. * **Public Education Department:** $50,000,000 from the Public School Capital Outlay Fund for school security improvements, career-technical education facilities, or maintenance and repair of public school buildings statewide. * **Energy, Minerals and Natural Resources Department:** $16,000,000 from the Oil and Gas Reclamation Fund to plug, remediate, and reclaim abandoned oil and gas wells statewide. * **Department of Finance and Administration:** $24,000,000 from the Capital Development Program Fund for grants to local public bodies for project completion. * **Department of Game and Fish:** $1,500,000 from the Sikes Act account of the Game Protection Fund for wildlife and riparian habitat restoration and improvements to state game commission properties. * **Department of Game and Fish:** $500,000 from the Game and Fish Bond Retirement Fund for improvements to fish hatcheries statewide. * **Homeland Security and Emergency Management Department:** $1,000,000 from the Fire Protection Fund for improvements to the emergency operations center in Santa Fe. * **Homeland Security and Emergency Management Department:** $900,000 from the Fire Protection Fund for improvements to the fire training academy in Socorro. * **Capitol Buildings Repair Fund:** $5,000,000 for the Bataan Memorial Building in Santa Fe and $5,000,000 for the John F. Simms Building in Santa Fe. The bill also includes numerous other appropriations from the General Fund to various state agencies and departments for specific capital projects across the state. Unexpended balances from severance tax bond proceeds generally revert to the severance tax bonding fund by specific dates, typically six months after project completion or at the end of fiscal year 2029, with exceptions for certain equipment purchases. General fund appropriations are generally available through fiscal year 2029, with reversion dates tied to project completion or specific fiscal year deadlines.