Bill > SB61

This bill appropriates five million dollars ($5,000,000) from the state's general fund, which is the primary source of government revenue, to the cultural affairs department. This funding is intended to support the operation of rural libraries, meaning libraries located in less populated areas, and will be available for spending across fiscal years 2027 and 2028. The bill specifies that no more than two million five hundred thousand dollars ($2,500,000) can be spent in any single fiscal year, and any money not used by the end of fiscal year 2028 will be returned to the general fund.

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=61&year=26