SENATE BILL 427
57th legislature - STATE OF NEW MEXICO - first session, 2025
INTRODUCED BY
William P. Soules and Jeff Steinborn
AN ACT
MAKING AN APPROPRIATION TO THE HEALTH CARE AUTHORITY TO CREATE NEW PHYSICIAN RESIDENCY PROGRAMS AND POSITIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Sixty million dollars ($60,000,000) is appropriated from the general fund to the health care authority for expenditure in fiscal years 2026 through 2028 to create new physician residency programs and positions. Any unexpended or unencumbered balance remaining at the end of fiscal year 2028 shall revert to the general fund.
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