HOUSE BILL 28
56th legislature - STATE OF NEW MEXICO - second session, 2024
INTRODUCED BY
Joy Garratt and Nancy Rodriguez
ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY OVERSIGHT COMMITTEE
AN ACT
RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS FOR PUBLIC PROJECTS FROM THE PUBLIC PROJECT REVOLVING FUND; DECLARING AN EMERGENCY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. AUTHORIZATION OF PROJECTS.--Pursuant to
Section 6-21-6 NMSA 1978, the legislature authorizes the New Mexico finance authority to make loans from the public project revolving fund for public projects as defined in Section 6-21-3 NMSA 1978. Pursuant to Section 6-21-6 NMSA 1978, loans of one million dollars ($1,000,000) or less do not require specific authorization and need not be identified in this act. Authorization is given to the New Mexico finance authority to make loans to the following qualified entities on terms and conditions established by the authority:
1. the ABQ charter academy in Bernalillo county for land, building, equipment, furniture and machinery projects;
2. the Albuquerque-Bernalillo county water utility authority in Bernalillo county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system and water rights projects;
3. the Aldo Leopold charter school in Grant county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational projects;
4. the Alto Lakes water and sanitation district in Lincoln county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights and public recreational facility projects;
5. the Altura preparatory school in Bernalillo county for land, building, equipment, furniture and machinery projects;
6. the village of Angel Fire in Colfax county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
7. the Anthony water and sanitation district in Dona Ana county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
8. the city of Artesia in Eddy county for road, street, airport, parking facility, public transportation system and public recreational facility projects;
9. the ASK academy in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
10. the city of Aztec in San Juan county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
11. the Capitan municipal school district in Lincoln county for land, building, equipment, furniture and machinery projects;
12. the Carrizozo municipal school district in Lincoln county for land, building, equipment, furniture, machinery and refinancing projects;
13. the Chama Valley independent school district in Rio Arriba county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
14. the Christine Duncan's Heritage academy in Bernalillo county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system and public recreational facility projects;
15. the Cottonwood Classical preparatory school in Bernalillo county for land, building, equipment, furniture and machinery projects;
16. the village of Des Moines in Union county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
17. the Des Moines municipal school district in Union county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
18. the Digital Arts and Technology academy in Bernalillo county for land, building, equipment, furniture and machinery projects;
19. the Dulce independent school district in Rio Arriba county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
20. the Dzil Ditl'ooi school of empowerment, action and perseverance in McKinley county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
21. East Mountain high school in Bernalillo county for land, building, equipment, furniture and machinery projects;
22. the town of Edgewood in Santa Fe county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
23. the Elephant Butte irrigation district in Dona Ana county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
24. the Estancia municipal school district in Torrance county for land, building, equipment, furniture, machinery, road, street, airport, parking facility, public transportation system and refinancing projects;
25. the Explore academy in Bernalillo county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
26. the Explore academy-Las Cruces in Dona Ana county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
27. the Explore academy-Rio Rancho in Sandoval county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
28. the Fiesta public improvement district in Valencia county for public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility and public transportation system projects;
29. the Fort Sumner municipal school district in De Baca county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
30. the general services department for land, building, equipment, furniture, machinery and refinancing projects;
31. the Gordon Bernell charter school in Bernalillo county for land, building, equipment, furniture and machinery projects;
32. the Hatch Valley public school district in Dona Ana county for land, building, equipment, furniture, machinery, road, street, airport, parking facility and public transportation system projects;
33. the Indian Pueblo cultural center in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
34. the Indian Pueblo marketing, incorporated 3 in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
35. the Indian Pueblo marketing, incorporated 4 in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
36. the Indian Pueblo marketing, incorporated 5 in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
37. the Indian Pueblo marketing, incorporated 6 in Bernalillo county for land, building, equipment, furniture, machinery and refinancing projects;
38. the International school at Mesa del Sol in Bernalillo county for land, building, equipment, furniture and machinery projects;
39. the J. Paul Taylor academy in Dona Ana county for land, building, equipment, furniture and machinery projects;
40. the Jemez Mountain public school district in Rio Arriba county for land, building, equipment, furniture and machinery projects;
41. the Jicarilla Apache Nation in Rio Arriba county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
42. the Pueblo of Laguna in Cibola county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
43. the Las Cruces public school district in Dona Ana county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
44. the city of Las Cruces in Dona Ana county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
45. Las Montanas charter high school in Dona Ana county for land, building, equipment, furniture, machinery and public recreational facility projects;
46. the city of Las Vegas in San Miguel county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
47. Lincoln county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
48. the Los Alamos public school district in Los Alamos county for land, building, equipment, furniture, machinery, public recreational facility and refinancing projects;
49. the city of Lovington in Lea county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
50. the governing board of Luna community college in San Miguel county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system, public recreational facility and refinancing projects;
51. the Mark Armijo academy in Bernalillo county for land, building, equipment, furniture and machinery projects;
52. the Maxwell municipal school district in Colfax county for land, building, equipment, furniture, machinery, road, street, airport, parking facility and public transportation system projects;
53. the McCurdy charter school in Rio Arriba county for land, building, equipment, furniture, machinery, public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and public recreational facility projects;
54. the Mesa del Sol public improvement district 1 in Bernalillo county for public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility, public transportation system and refinancing projects;
55. the Mesa del Sol public improvement district 3 in Bernalillo county for public utility, electric, water, wastewater, solid waste system, water rights, road, street, airport, parking facility and public transportation system projects;
56. the Mesa del Sol tax incr