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Bill > HB63


NM HB63

NM HB63
Nmfa Water Project Fund Projects


summary

Introduced
01/20/2026
In Committee
02/14/2026
Crossed Over
02/12/2026
Passed
02/15/2026
Dead

Introduced Session

2026 Regular Session

Bill Summary

AN ACT RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS OR GRANTS FROM THE WATER PROJECT FUND FOR CERTAIN WATER PROJECTS; DECLARING AN EMERGENCY.

AI Summary

This bill authorizes the New Mexico Finance Authority (NMFA) to provide loans or grants from the Water Project Fund to a wide range of entities, including cities, counties, tribal governments, and various water and wastewater associations, for specific water-related projects. These projects fall into categories such as water conservation, treatment, recycling, reuse, storage, conveyance, delivery, wastewater conveyance and treatment, flood prevention, and watershed restoration and management. The bill lists numerous specific projects and the entities responsible for them across many counties in New Mexico, and it declares an emergency, meaning it will take effect immediately upon passage for the public peace, health, and safety.

Committee Categories

Agriculture and Natural Resources

Sponsors (3)

Last Action

Passed in the Senate - Y:39 N:0 (on 02/15/2026)

bill text


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