summary
Introduced
02/04/2026
02/04/2026
In Committee
Crossed Over
Passed
Dead
02/19/2026
02/19/2026
Introduced Session
2026 Regular Session
Bill Summary
AN ACT MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF THE UNIVERSITY OF NEW MEXICO FOR THE BUREAU OF BUSINESS AND ECONOMIC RESEARCH TO CONDUCT A STUDY TO DETERMINE THE GENERAL FEASIBILITY OF CREATING A PUBLICLY OWNED ELECTRIC UTILITY.
AI Summary
This bill appropriates $150,000 from the state's general fund to the University of New Mexico's Bureau of Business and Economic Research to conduct a study on the general feasibility of the state acquiring and operating an electric utility, which would essentially create a publicly owned electric utility. This study is intended to determine if it is practical and possible for the state to take over and run an electric service, and any funds not spent by the end of fiscal year 2027 will be returned to the general fund.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Sent to HENRC - Referrals: HENRC/HAFC (on 02/04/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=305&year=26 |
| BillText | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0305.pdf |
Loading...