Bill > HB427

This bill amends the Water Project Finance Act to promote real-time water quality monitoring in New Mexico by expanding the state water board's and water authority's responsibilities and funding capabilities. Specifically, the bill adds water quality monitoring as a qualifying water project, allowing the water authority to provide grants and loans up to $500,000 per application for entities seeking to invest in technology like application programming interfaces (APIs) or develop real-time water monitoring systems. The bill requires recipients of these grants to report water quality monitoring data to the state's Department of Environment and caps total fund obligations at $31.5 million, with a mandatory review of this cap by June 30, 2027. The legislation aims to improve the state's ability to track and monitor drinking water quality by providing financial support for advanced monitoring technologies and technical assistance in obtaining federal or other funding for water management and treatment programs. This expansion allows the water authority to support projects that can provide immediate, comprehensive insights into New Mexico's water resources and quality.

Agriculture and Natural Resources

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=427&year=25