summary
Introduced
01/22/2026
01/22/2026
In Committee
01/30/2026
01/30/2026
Crossed Over
Passed
Dead
02/19/2026
02/19/2026
Introduced Session
2026 Regular Session
Bill Summary
AN ACT MAKING A TRANSFER FROM THE GENERAL FUND TO THE RURAL LIBRARIES ENDOWMENT FUND; MAKING AN APPROPRIATION.
AI Summary
This bill transfers $29,500,000 from the state's general fund, which is the main operating fund for government expenses, to the Rural Libraries Endowment Fund. This endowment fund is a dedicated fund established to support libraries in rural areas, ensuring they have financial resources for their operations and services. The transfer of funds is an appropriation, meaning it's a legislative authorization to spend money from the general fund for a specific purpose.
Sponsors (2)
Last Action
SIRC: Reported by committee with Do Pass recommendation (on 01/30/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=99&year=26 |
| SIRC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0099IC1.pdf |
| Fiscal Note | https://www.nmlegis.gov/Sessions/26%20Regular/firs/SB0099.PDF |
| SCC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0099CC1.pdf |
| BillText | https://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0099.pdf |
Loading...