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Committee adopts small amendment to capital projects list bill to add NMSU‑Alamogordo project

5676992 · March 14, 2025
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Summary

The committee adopted an amendment to the Senate Finance substitute for SB115 adding a New Mexico State University‑Alamogordo capital project application to the list of projects authorized to seek financing; the measure and amendment advanced without recorded opposition.

The committee adopted an amendment to the Senate Finance Committee substitute for Senate Bill 115 to add one project — a $15 million request from New Mexico State University’s Alamogordo branch — to the list of projects eligible to apply for funding. Staff said the campus recently submitted the application and lacked an earlier authorization slot; the amendment inserts that project into the authorized list.

The committee adopted the amendment without recorded opposition and moved the bill forward with a do‑pass recommendation. Committee members and staff noted the amendment simply adds a single project to the financing list and does not change the financing mechanism itself.