Docket Room
SB 59·NM·senate

LAND GRANT-MERCED & ACEQUIA TRUST

IntroducedFiled Jan 21, 2026
Sponsor: Jaramillo, Leo
Latest Action

action postponed indefinitely

Mar 24, 2026

Summary

The bill sets up a state‑run trust fund and two dedicated project funds to finance water, power, communications, road, health, and emergency infrastructure for land‑grant municipalities and community irrigation ditches (acequias). A land‑grant council and an interstate stream commission would develop rules, evaluate applications, and award assistance. The purpose is to improve essential services and promote economic development in these historic communities.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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