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SB 678: PUBLIC PEACE, HEALTH, SAFETY & WELFARE CREATE ROAD MAINTENANCE & TRANSIT FUND

An Act Relating To The Public Peace, Health, Safety And Welfare.

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MILD SB 678
PUBLIC PEACE, HEALTH, SAFETY & WELFARE CREATE ROAD MAINTENANCE & TRANSIT FUND

Legislative URL:
SB 678 on nmlegis.gov
Emergency Clause:
No
Germane:
N/A
Location:
SCORC
Action:
[10] not prntd-SCORC [30] DNP-CS/w/o rec - ref SCORC/SFC-SCORC API.
Issue(s):

Related Legislators

Bill Sponsor:

Related Documents

Downloads:
Introduced
SCORC Committee Report
SCORC Committee Substitute
Summary

The Senate Corporations and Transportation Committee Substitute for SB 678 (a dummy bill) creates the Road Maintenance and Public Transit Fund. The fund will be administered by the Department of

Transportation and will be distributed:

  • ninety-five percent for maintenance of state transportation infrastructure projects; and
  • five percent for the operation of public transit systems operated by county and municipal governments and regional transportation districts.

 

A potential benefit of this bill is that, depending on funding, it may serve as a vehicle for funding public mass transit projects.