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NM SB204

NM SB204
Funding For Terminated Research Projects


summary

Introduced
01/30/2026
In Committee
02/06/2026
Crossed Over
Passed
Dead
02/19/2026

Introduced Session

2026 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE HIGHER EDUCATION DEPARTMENT TO SUPPLEMENT REDUCED OR TERMINATED FEDERAL FUNDING FOR EXISTING RESEARCH PROJECTS AT THE UNIVERSITY OF NEW MEXICO, NEW MEXICO STATE UNIVERSITY AND THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY THAT ARE FEASIBLY ABLE TO BE COMPLETED BUT FOR THE REDUCTION OR TERMINATION OF SUCH FUNDING.

AI Summary

This bill appropriates $100 million from the state's general fund to the higher education department to help cover research projects at the University of New Mexico, New Mexico State University, and the New Mexico Institute of Mining and Technology that have had their federal funding reduced or stopped. This funding is intended to allow these projects to be completed if they are otherwise feasible, and the money can be spent over fiscal years 2027 and 2028, with any remaining funds reverting to the general fund after that period.

Sponsors (1)

Last Action

SEC: Reported by committee with Do Pass recommendation (on 02/06/2026)

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