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Bill > HB48


NM HB48

NM HB48
Nm Tech Seismology Equipment


summary

Introduced
01/20/2026
In Committee
01/26/2026
Crossed Over
Passed
Dead
02/19/2026

Introduced Session

2026 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY FOR SEISMOLOGY EQUIPMENT AND THE EXPANSION OF MONITORING NETWORK CAPABILITIES IN THE BUREAU OF GEOLOGY AND MINERAL RESOURCES OF THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY, IN PARTNERSHIP WITH THE OIL CONSERVATION DIVISION OF THE ENERGY, MINERALS AND NATURAL RESOURCES DEPARTMENT.

AI Summary

This bill appropriates $2 million from the state's general fund to the board of regents of the New Mexico Institute of Mining and Technology for the fiscal year 2027. This funding is specifically designated for purchasing seismology equipment and enhancing the monitoring network capabilities within the Bureau of Geology and Mineral Resources at the institute. This initiative will be undertaken in collaboration with the Oil Conservation Division, which is part of the Energy, Minerals and Natural Resources Department, suggesting a focus on understanding and potentially mitigating seismic activity related to energy extraction or other geological processes in New Mexico. Any funds not spent by the end of fiscal year 2027 will be returned to the general fund.

Committee Categories

Education

Sponsors (3)

Last Action

House Appropriations & Finance Committee (13:30:00 2/9/2026 Room 307) (on 02/09/2026)

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