SENATE BILL 115
57th legislature - STATE OF NEW MEXICO - first session, 2025
INTRODUCED BY
Michael Padilla and Patricia A. Lundstrom and Joy Garratt
ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY OVERSIGHT COMMITTEE
AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS FOR PUBLIC PROJECTS FROM THE PUBLIC PROJECT REVOLVING FUND; DECLARING AN EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. AUTHORIZATION OF PROJECTS.--Pursuant to
Section 6-21-6 NMSA 1978, the legislature authorizes the New
Mexico finance authority to make loans from the public project
revolving fund for public projects as defined in Section 6-21-3
NMSA 1978. Pursuant to Section 6-21-6 NMSA 1978, loans of one
million dollars ($1,000,000) or less do not require specific
authorization and need not be identified in this act. Authorization is given to the New Mexico finance authority to
make loans to the following qualified entities on terms and
conditions established by the authority:
1. Aggie development, incorporated in Dona Ana county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
2. the Alamogordo public school district in Otero county for land, building, equipment, furniture and machinery projects;
3. the city of Alamogordo in Otero county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
4. the city of Albuquerque in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
5. the Aztec municipal school district in San Juan county for land, building, equipment, furniture and machinery projects;
6. the city of Bayard in Grant county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
7. the Belen consolidated school district in Valencia county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
8. the city of Belen in Valencia county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
9. Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
10. the Bernalillo public school district in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
11. the Bloomfield school district in San Juan county for land, building, equipment, furniture and machinery projects;
12. the city of Bloomfield in San Juan county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
13. the Bluewater water and sanitation district in Cibola county for road, street, airport, parking facility and public transportation system projects;
14. the village of Bosque Farms in Valencia county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, transportation system, public recreational facility and refinancing projects;
15. the Broadmoor Heights public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
16. the Cabezon public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
17. the Carlsbad municipal school district in Eddy county for land, building, equipment, furniture and machinery projects;
18. the city of Carlsbad in Eddy county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
19. the town of Carrizozo in Lincoln county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
20. the Central consolidated school district in San Juan county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
21. the governing board of central New Mexico community college in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
22. the village of Chama in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
23. the village of Cimarron in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
24. the Cimarron municipal school district in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
25. the town of Clayton in Union county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
26. the Cloudcroft municipal school district in Otero county for land, building, equipment, furniture, machinery, road, street, airport, parking facility and public transportation system projects;
27. the village of Cloudcroft in Otero county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
28. the Clovis municipal school district in Curry county for land, building, equipment, furniture, machinery and refinancing projects;
29. the city of Clovis in Curry county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
30. the Cobre consolidated school district in Grant county for land, building, equipment, furniture and machinery projects;
31. the village of Columbus in Luna county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
32. the village of Corrales in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
33. the Cuba independent school district in Sandoval county for land, building, equipment, furniture and machinery projects;
34. Curry county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
35. the city of Deming in Luna county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
36. the Deming public school district in Luna county for land, building, equipment, furniture, machinery and refinancing projects;
37. the Dexter consolidated school district in Chaves county for land, building, equipment, furniture, machinery and refinancing projects;
38. the village of Dora in Roosevelt county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
39. the village of Eagle Nest in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
40. the east Rio Arriba soil and water conservation district in Rio Arriba county for land, building, equipment, furniture, machinery and refinancing projects;
41. the board of regents of eastern New Mexico university in Roosevelt county for land, building, equipment, furniture and machinery projects;
42. the board of regents of eastern New Mexico university for the Roswell branch campus in Chaves county for land, building, equipment, furniture and machinery projects;
43. the board of regents of eastern New Mexico university for the Ruidoso branch campus in Lincoln county for land, building, equipment, furniture and machinery projects;
44. Eddy county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
45. the El Prado water and sanitation district in Taos county for electric, water, wastewater, water rights, solid waste and refinancing projects;
46. the El Valle de Los Ranchos water and sanitation district in Taos county for electric, water, wastewater, water rights and solid waste projects;
47. the city of Elephant Butte in Sierra county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
48. the town of Elida in Roosevelt county for electric, water, wastewater, water rights and solid waste projects;
49. the village of Encino in Torrance county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
50. the Entranosa water and wastewater association in Bernalillo county for electric, water, wastewater, water rights and solid waste projects;
51. the city of Espanola in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
52. the Espanola public school district in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
53. the town of Estancia in Torrance county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
54. the Estates at la Cuentista public improvement district in Bernalillo county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
55. the Farmington municipal school district in San Juan county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
56. the village of Fort Sumner in De Baca county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
57. the Gadsden independent school district in Dona Ana county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
58. the city of Gallup in McKinley county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
59. the Gallup-McKinley county school district in McKinley county for land, building, equipment, furniture, machinery and refinancing projects;
60. the Gila regional medical center in Grant county for land, building, equipment, furniture and machinery projects;
61. the Grady municipal school district in Curry county for land, building, equipment, furniture, machinery, road, street, airport, parking facility and public transportation system projects;
62. Grant county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
63. the town of Hagerman in Chaves county for electric, water, wastewater, water rights and solid waste projects;
64. Hidalgo county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
65. the Hondo Valley public school district in Lincoln county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
66. Homewise, incorporated in Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
67. the House municipal school district in Quay county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
68. the Indian Pueblo cultural center in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
69. Indian Pueblos marketing, incorporated in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
70. Indian Pueblos marketing, incorporated 3 in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
71. Indian Pueblos marketing, incorporated 4 in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
72. Indian Pueblos marketing, incorporated 5 in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
73. Indian Pueblos marketing, incorporated 6 in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
74. the city of Jal in Lea county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
75. the Jal public school district in Lea county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
76. the Jemez Mountain public school district in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
77. the Jemez Valley public school district in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
78. Kewa enterprises, incorporated in Sandoval county for land, building, equipment, furniture and machinery projects;
79. Kewa gas, limited in Sandoval county for land, building, equipment, furniture and machinery projects;
80. the Kewa Pueblo health corporation in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
81. La Union mutual domestic sewer and water association in Dona Ana county for refinancing projects;
82. the Las Vegas city public school district in San Miguel county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
83. the village of Logan in Quay county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
84. the Lordsburg municipal school district in Hidalgo county for land, building, equipment, furniture, machinery and public recreational facility projects;
85. Los Alamos county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, public facility, public transportation system, public recreational facility and refinancing projects;
86. Los Diamantes public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
87. Los Diamantes tax incremental development district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
88. the Los Lunas public school district in Valencia county for land, building, equipment, furniture, machinery and refinancing projects;
89. the village of Los Lunas in Valencia county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
90. the village of Los Ranchos de Albuquerque in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
91. the Loving municipal school district in Eddy county for land, building, equipment, furniture and machinery projects;
92. the Lovington municipal school district in Lea county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
93. the Magdalena municipal school district in Socorro county for land, building, equipment, furniture and machinery projects;
94. the Mariposa public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
95. the Melrose public school district in Curry county for land, building, equipment, furniture and machinery projects;
96. the Mesa Vista consolidated school district in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
97. the town of Mesilla in Dona Ana county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
98. the village of Milan in Cibola county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
99. the middle Rio Grande conservancy district in Bernalillo county for land, building, equipment, furniture, machinery and water projects;
100. the Moriarty-Edgewood school district in Torrance county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights and solid waste projects;
101. the town of Mountainair in Torrance county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation and public recreational facility projects;
102. the board of regents of the New Mexico military institute in Chaves county for land, building, equipment, furniture, machinery, public recreational facility and refinancing projects;
103. the board of regents of New Mexico state university for arrowhead center, inc. in Dona Ana county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
104. the north central regional transit district in Santa Fe, Rio Arriba, Los Alamos and Taos counties for land, building, equipment, furniture and machinery projects;
105. the board of regents of northern New Mexico state school in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
106. the northwest New Mexico regional solid waste authority in McKinley county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights and solid waste projects;
107. Ohkay Owingeh in Rio Arriba county for electric, water, wastewater, water rights, solid waste and public recreational facility projects;
108. Otero county for land, building, equipment, furniture, machinery, road, street, airport, parking facility and public transportation system projects;
109. the Pojoaque Valley public school district in Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
110. the Portales municipal school district in Roosevelt county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
111. the city of Portales in Roosevelt county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
112. Quay county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system and public recreational facility projects;
113. the Quemado independent school district in Catron county for land, building, equipment, furniture and machinery projects;
114. the village of Questa in Taos county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
115. the Questa independent school district in Taos county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
116. the Raton public school district in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
117. the city of Raton in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
118. Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
119. the Rio Rancho public school district in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
120. Roosevelt county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
121. the Ruidoso municipal school district in Lincoln county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
122. the village of Ruidoso in Lincoln county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
123. the San Jon municipal school district in Quay county for land, building, equipment, furniture, machinery and refinancing projects;
124. the San Juan regional medical center in San Juan county for land, building, equipment, furniture, machinery and refinancing projects;
125. the village of San Ysidro in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
126. the Pueblo of Santa Ana in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
127. the Santa Ana hospitality corporation in Sandoval county for land, building, equipment, furniture and machinery projects;
128. the village of Santa Clara in Grant county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
129. Kewa Pueblo in Sandoval county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
130. the Santo Domingo tribal housing authority in Sandoval county for land, building, equipment, furniture and machinery projects;
131. the city of Santa Fe in Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
132. the governing board of Santa Fe community college in Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility and public transportation system projects;
133. Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
134. the town of Silver City in Grant county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
135. the Socorro consolidated school district in Socorro county for land, building, equipment, furniture, machinery and refinancing projects;
136. Socorro county for land, building, equipment, furniture and machinery projects;
137. the south central solid waste authority in Dona Ana county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste and refinancing projects;
138. the town of Springer in Colfax county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
139. the state parks division of the energy, minerals and natural resources department in Santa Fe county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
140. the Stonegate public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
141. the Stonegate tax incremental development district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
142. the Tatum municipal school district in Lea county for land, building, equipment, furniture, public recreational facility and refinancing projects;
143. the Texico municipal school district in Curry and Roosevelt counties for land, building, equipment, furniture and machinery projects;
144. the Tierra del Oro public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
145. the Tierra del Sol housing corporation in Dona Ana county for land, building, equipment, furniture and machinery projects;
146. the village of Tijeras in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system and public recreational facility projects;
147. the city of Truth or Consequences in Sierra county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
148. the Tucumcari public school district in Quay county for land, building, equipment, furniture and machinery projects;
149. the 21st Century public academy in Bernalillo county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
150. the university of New Mexico medical group, incorporated in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
151. the upper Rio Grande watershed district in Rio Arriba county for land, building, equipment, furniture, machinery, electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
152. Valencia county for land, building, equipment, furniture and machinery projects;
153. the Village at Rio Rancho public improvement district in Sandoval county for electric, water, wastewater, water rights, solid waste, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects; and
154. the Wagon Mound public school district in Mora county for land, building, equipment, furniture and machinery projects.
SECTION 2. VOIDING OF AUTHORIZATION.--If a qualified
entity listed in Section 1 of this act has not certified to the
New Mexico finance authority by the end of fiscal year 2028 its
desire to continue to pursue a loan from the public project
revolving fund for a public project listed in that section, the
legislative authorization granted to the New Mexico finance
authority by Section 1 of this act to make a loan from the
public project revolving fund to that qualified entity for that
public project is void.
SECTION 3. EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.
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