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HB64 • 2026

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

Budget
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Kathleen Cates
Last action
Official status
HPREF [1] HRDLC/HAFC-HRDLC [3] DP-HAFC [6] DP [7] PASSED/H (67-0) [12] SFC-SFC [14] DP [16] PASSED/S (41-0) SGND BY GOV (Mar. 3) Ch. 16.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

What This Bill Does

  • PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-18 New Mexico Legislature

    Passed in the Senate - Y:41 N:0

  2. 2026-02-16 New Mexico Legislature

    SFC: Reported by committee with Do Pass recommendation

  3. 2026-02-12 New Mexico Legislature

    Passed in the House of Representatives - Y:67 N:0

  4. 2026-02-12 New Mexico Legislature

    Sent to SFC - Referrals: SFC

  5. 2026-02-10 New Mexico Legislature

    HAFC: Reported by committee with Do Pass recommendation

  6. 2026-01-29 New Mexico Legislature

    HRDLC: Reported by committee with Do Pass recommendation

  7. 2026-01-22 New Mexico Legislature

    Sent to HRDLC - Referrals: HRDLC/HAFC

  8. New Mexico Legislature

    Sent to HPREF - Referrals: HPREF

  9. New Mexico Legislature

    Signed by Governor - Chapter 16 - Mar. 3

Official Summary Text

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

Current Bill Text

Read the full stored bill text 
HB 64
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AN ACT
MAKING APPROPRIATIONS FROM THE PUBLIC PROJECT REVOLVING FUND
TO THE DRINKING WATER STATE REVOLVING LOAN FUND, LOCAL
GOVERNMENT PLANNING FUND AND CULTURAL AFFAIRS FACILITIES
INFRASTRUCTURE FUND.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATIONS.--
A. The following amounts are appropriated from the
public project revolving fund to the following funds:
(1) six million two hundred fifty thousand
dollars ($6,250,000) to the drinking water state revolving
loan fund for expenditure in fiscal year 2027 and subsequent
fiscal years to provide state matching funds for federal Safe
Drinking Water Act of 1974 projects and to carry out the
purposes of the Drinking Water State Revolving Loan Fund Act;
(2) two million dollars ($2,000,000) to the
local government planning fund for expenditure in fiscal year
2027 and subsequent fiscal years to carry out the purposes of
the fund; and
(3) five million dollars ($5,000,000) to the
cultural affairs facilities infrastructure fund for
expenditure in fiscal year 2027 and subsequent fiscal years
to carry out the purposes of the fund.
B. Any unexpended or unencumbered balances
HB 64
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remaining at the end of a fiscal year shall not revert to the
public project revolving fund.