govt.fyi
Back to HB 64
New Mexico Legislature· HB 64PASSED/S (41-0) SGND BY GOV (Mar. 3) Ch. 16.

PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS, the official text

Shown verbatim: the complete text as captured from the official page posted by the New Mexico Legislature, fetched 2026-08-23. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the introduced version. The official bill page.
HOUSE BILL 64

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Kathleen Cates

ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY

OVERSIGHT COMMITTEE

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
remaining at the end of a fiscal year shall not revert to the
public project revolving fund.

- 2 -
Every fact on this page links to its source, starting with the official bill record.