Signed into LawFiled Jan 9, 2026
Sponsor: Cates, Kathleen
Latest Action
PASS - SGND BY GOV - Chapter 35
Mar 5, 2026
Summary
The bill lets the New Mexico Finance Authority provide financing—either loans or grants—from the state Water Project Fund to a long list of cities, counties, tribal groups and water‑consumer associations. Each recipient is authorized for specific projects such as water conservation, storage, conveyance, wastewater treatment, flood prevention or watershed restoration. The act is declared an emergency, so it takes effect immediately.
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