Sat Mar 8 4:51PM - 13 days, 18 hours left in session

House Bill 351

Storm Event Zero-Interest Loans [view on nmlegis.gov]

Financial Analysis: FIR


Sponsors
Rep. Mark B. Murphy 59 Chaves
Rep. Angelita Mejia 58 Chaves
Rep. Jimmy G. Mason 66 Chaves, Eddy & Lea
Rep. Jonathan A. Henry 54 Eddy, Chaves & Otero
Rep. Harlan Vincent 56 Lincoln & Otero

Status
HRDLCPassed, Feb 20, with Do Pass recommendation
HAFC[Referred, not scheduled]


"Official" History

This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.

Actions: [5] HRDLC/HAFC-HRDLC [8] DP-HAFC

Legis DayActionDetails
5 referred HRDLC/HAFC
5 sent HRDLC
8 passed HRDLC (view committee report) DP 6-0
8 sent HAFC


This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.

Feb 11 filed: [Prefiled by Mark B. Murphy et al; not yet on nmlegis]
[new]
sent to HRDLC
title: '[prefiled by Mark B. Murphy Et Al; Not Yet on Nmlegis]' -> 'Storm Event Zero-Interest Loans'
actions: 'HPREF' -> '[5] HRDLC/HAFC-HRDLC'
new sponsor: Mark B. Murphy
new sponsor: Angelita Mejia
new sponsor: Jimmy G. Mason
new sponsor: Jonathan A. Henry
new sponsor: Harlan Vincent
Feb 18 scheduled for HRDLC on Thu Feb 20, 09:00
Feb 21 passed HRDLC; sent to HAFC
actions: '[5] HRDLC/HAFC-HRDLC' -> '[5] HRDLC/HAFC-HRDLC [8] DP-HAFC'

HOUSE BILL 351

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Mark B. Murphy and Angelita Mejia and Jimmy G. Mason

and Jonathan A. Henry and Harlan Vincent

 

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE BOARD OF FINANCE DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO PROVIDE ZERO-INTEREST LOANS TO POLITICAL SUBDIVISIONS OF THE STATE FOR PROJECTS TO REPLACE OR REPAIR PUBLIC INFRASTRUCTURE DAMAGED BY FLOODING OR DEBRIS FLOWS OR PROJECTS TO REMOVE DEBRIS ACCUMULATIONS ATTRIBUTABLE TO THE STORM EVENT ON OCTOBER 19, 2024.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. APPROPRIATION.--Two hundred million dollars ($200,000,000) is appropriated from the general fund to the board of finance division of the department of finance and administration for expenditure in fiscal years 2026 and 2027 to provide zero-interest reimbursable loans to political subdivisions of the state in Chaves county that have been approved for federal public assistance funding for projects to replace or repair public infrastructure damaged by flooding or debris flows or projects to remove debris accumulations attributable to the storm event on October 19, 2024. The division shall require a contract for reimbursement from a political subdivision of the state receiving a loan that shall include a requirement that the political subdivision repay the loan first using dollars received from the federal funding that serves as the basis for the loan. Any unexpended or unencumbered balance remaining at the end of fiscal year 2027 shall revert to the general fund.

- 2 -


Legislators: Democratic sponsorship Republican sponsorship Bipartisan sponsorship This indicates your legislator
(Highlights bills they sponsor, committees they sit in)
Bill Rows: Active -- hearings scheduled (NN) - sequence number in agenda Inactive -- no hearings scheduled
Bill Progress: Passed Failed Vote Tabled
Incomplete Data: Heard(?)
(was scheduled for hearing recently)
Heard Long Ago
(was scheduled for hearing many days ago)
(There is very little I can do about these because nmlegis.gov does not report real-time results)

This site pulls data from nmlegis.gov but is in no way associated with that site or the state of New Mexico. It's just a labor of love by Ed.

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