SENATE BILL 29

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

George K. Muñoz

 

 

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE WATER PROJECT FUND.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. APPROPRIATION.--Two hundred twenty-two million dollars ($222,000,000) is appropriated from the general fund to the New Mexico finance authority for the water project fund for expenditure in fiscal years 2025 and 2026 for water projects authorized by the legislature in the first session of the fifty-seventh legislature. Any unexpended or unencumbered balance remaining at the end of fiscal year 2026 shall not revert to the general fund.

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