Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Legislation Endorsements topic
No spam. Unsubscribe anytime.
Oversight committee endorses four NMFA-related bills including water fund and primary care appropriation
Summary
The committee endorsed four bills related to NMFA funding and authorizations: transfers from the Public Project Revolving Fund, temporary authorization for NMFA-funded water projects without legislative approval, a $25M appropriation for the Primary Care Capital Funding Act, and an emergency authorization for Water Project Fund awards.
The oversight committee reviewed and endorsed four pieces of legislation tied to NMFA programs and funds during its final interim meeting.
1) File 232544.1SA — an annual authorization to move money from the Public Project Revolving Fund to multiple funds (drinking water SRF, local government planning, cultural affairs infrastructure) was presented as a standard yearly transfer; the committee endorsed the file without objection.
2) File 232265.2 — this bill would allow NMFA to fund water projects from the Water Project Fund without explicit legislative approval through 12/31/2030 (intended to allow several rounds of awards while monitoring and reporting back to the Legislature). Committee members discussed the intended multiyear authority and reporting vetting; the committee endorsed the bill.
3) File 232558.1SA — an appropriation to the Department of Finance and Administration to provide $25,000,000 for NMFA to carry out the Primary Care Capital Funding Act (largely for nonprofit clinics and rural/underserved areas). The committee endorsed the appropriation and members volunteered to sponsor the bill in their respective chambers.
4) File 232546.2SA — an authorization allowing NMFA to make loans or grants from the Water Project Fund for certain projects and declaring an emergency so awards can be made promptly; the committee endorsed and discussed how the bill interacts with budget bill (HB 2) timing and prior authorizations.
Committee members volunteered to sponsor measures for timely consideration in the upcoming session and reiterated the oversight committee’s role in monitoring implementation and asking for periodic reports from NMFA staff.
