Committee advances $392.5 million general obligation bond authorization

Feb 17, 2026

The Senate Finance Committee advanced House Bill 248, authorizing approximately $392.5 million in general obligation bond capacity for senior centers, libraries and higher-education projects including $116 million for a new medical school facility at UNM; the committee voted to advance the substitute unanimously.

The full story

The Senate Finance Committee voted to advance the committee substitute for House Bill 248, which authorizes about $392.5 million in general obligation bond capacity divided among three bond questions.

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