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Senate reconciliation would move $100 million toward State Fair stadium plan while trimming natural-resources funding
Summary
Senators debated an executive request to shift roughly $100 million to a State Fair District multipurpose arena and housing project, considered restoring $25 million to natural-resources programs, and questioned whether the Office of Natural Resources has authority to acquire private land for floodplain conversion in Ruidoso.
A Senate panel considering House Bill 2 reconciliation discussed a high-profile funding swap that would move money toward a proposed redevelopment of the State Fair District and also shrink natural-resources allocations.
Staff said the executive requested a $100,000,000 transfer to support a multipurpose arena and associated housing at the State Fair District; staff and several senators asked whether a feasibility plan and specific cost breakdowns…
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