BEHAVIORAL HEALTH & CHILD CARE FUNDING

HB 196 allocates $25 million annually for behavioral health capital projects, $25 million for primary care capital projects, and $10 million for child care facility loans through the New Mexico Finance Authority. These funds, drawn from the state General Fund for fiscal year 2026 and beyond, directly support providers building or upgrading facilities in these sectors. Unspent balances from these appropriations will not return to the General Fund, ensuring continued availability for the designated purposes. The bill primarily affects community health centers, mental health providers, and child care facilities seeking capital improvements.