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HB 63·NM·house

NMFA WATER PROJECT FUND PROJECTS

Signed into LawFiled Jan 9, 2026
Sponsor: Cates, Kathleen
Latest Action

Signed

Mar 6, 2026

Summary

The bill lets the New Mexico Finance Authority provide loans or grants from the Water Project Fund to cities, counties, villages, tribes and water associations for specific water‑related projects. Projects include water conservation, storage, conveyance, delivery, wastewater treatment and flood prevention. It aims to improve water infrastructure across the state.

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