GILA REGIONAL CANCER CENTER BONDS

Summary

The bill lets the New Mexico Finance Authority sell revenue bonds to fund design, construction, equipment and technology upgrades at the Gila Regional Cancer Center in Grant County and the Nor‑Lea General Hospital in Lea County. Bond proceeds are earmarked for specific projects such as new treatment rooms, a PET scanner, and an electronic health‑records system, and may be supplemented by excess balances in the rural county cancer treatment fund. Certification by local hospital trustees or county officials is required before bonds can be issued.

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