SB 295: FOREST & WATERSHED RESTORATION PROJECT FUNDS
An Act Relating To Natural Resources; Transferring Ten Percent Of Certain Allocations Of Money Deposited In The Water Project Fund To The Natural Heritage Conservation Fund For Forest And Watershed Restoration Projects.
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SB 295
FOREST & WATERSHED RESTORATION PROJECT FUNDS
- Legislative URL:
- SB 295 on nmlegis.gov
- Emergency Clause:
- No
- Germane:
- Yes
- Location:
- SCONC
- Action:
- [5] SCC/SCONC/SFC-SCC-germane-SCONC API.
- Issue(s):
- Water Quality & Supply
Companion Bills
Related Legislators
- Bill Sponsor:
- John Pinto
Related Documents
- Downloads:
-
Introduced
SCC Committee Report
Fiscal Impact Report
Summary
This measure amends §72-4A-9 NMSA 1978, which creates the Water Project Fund and states its purpose. It eliminates the 10% earmark currently allocated to the State Engineer (OSE) for water rights adjudications and the 20% earmark allocated to the Administrative Office of the Courts (AOC) for the same purposed. Instead, it provides for a 10% earmark to the Natural Heritage Conservation Fund for forest and watershed restoration projects conducted in accordance with the provisions of the Natural Heritage Conservation Act (§§75-10-1 et. seq.).
One question regarding this bill might be whether the OSE and AOC will have adequate funding for the water rights adjudications with this change. A second might be whether the transfer to another fund might begin a raid on the Water Project Fund.
This bill is identical to SB 324.
Date of Summary: 2/6/2014
Outcome:
SB 295 died in the Senate Conservation Committee.
Updated 7/31/14