HB 071: SMALL WATER SYSTEM PROJECT FINANCING

An Act Relating To Public Finance; Requiring Ten Percent Of Funding For The Financing Of Water Projects Through The Water Project Fund To Benefit Small Water Supply Associations Subject To The Sanitary Projects Act And Acequia Associations.

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MILD HB 071
SMALL WATER SYSTEM PROJECT FINANCING

Legislative URL:

HB 071 on nmlegis.gov

Emergency Clause:

No

Germane:

N/A

Location:

HWMC

Action:

HPREF [1] not prntd-HRC [5] w/drn-prntd-ref- HAWC/HWMC-HAWC [9] w/o rec-HWMC API.

Issue(s):

Water Quality & Supply

Related Legislators

Bill Sponsor:

Carl Trujillo Debbie Rodella

Related Documents

Downloads:

Introduced
HAWC Committee Report
Fiscal Impact Report

Summary

This bill requires that at least 10 percent of the total amount of funding from the Water Project Fund for water projects each year must directly benefit small water supply associations and acequia associations.

A potential benefit of this bill is that it may help in improving water quality at the level of small, local communities. A possible concern might be reduced available funding for larger, higher priority and higher impact water projects.