HB 206 New Mexico House · 2025 Regular Session

NMFA WATER PROJECT FUND PROJECTS

HB 206 authorizes the New Mexico Finance Authority to provide loans or grants from the Water Project Fund to 56 specific entities - including cities, counties, tribes, water districts, and mutual water associations - for water infrastructure projects. These projects include water storage, conveyance, delivery, conservation, recycling, flood prevention, and watershed management across multiple New Mexico communities. The bill declares an emergency to expedite funding for these critical water system improvements. It directly affects local governments and water providers by enabling them to access state funds for planned water infrastructure upgrades.
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
House Passage
Mar 2025
Senate Passage
Mar 2025
Signed into Law
Apr 2025
Introduced Jan 29, 2025 Signed Apr 8, 2025
Maddy AI version diff · 1 comparison

What changed between versions

introduced version Final Version · 5 edits
MODERATE
The bill was reformatted from a traditional legislative format to a modern act structure, and the list of eligible entities receiving water project funding was significantly expanded and reorganized. The substantive policy change is the addition of many new municipalities, counties, and water associations that can now receive loans or grants for water projects, while the Pueblo of Acoma and several other original recipients remain eligible.
Scope change
The bill's scope expanded from 12 eligible recipients to over 45 eligible recipients, significantly broadening which entities can receive water project funding.
ELIGIBILITY

Added 33 new eligible entities including cities like Farmington, Gallup, Las Cruces, and Portales, and counties like McKinley, Torrance, and Luna that were not previously listed.

Added new project types such as flood prevention projects and watershed restoration projects for certain recipients.

Added tribal entities like the Mescalero Apache Tribe and Pueblo of Isleta to the list of eligible recipients.

TECHNICAL

Changed document structure from traditional bill format to modern act format with updated header and section numbering.

Removed sponsor names and endorsement committee information from the bill header.

Floor votes · Senate Mar 21, 2025 · House Mar 4, 2025

How they voted

360
Passed · 4 other
Total votes 40
Mar 21, 2025
D Democratic24
21 Yea 3
87% Yea
R Republican16
15 Yea 1
93% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
9
Key actions
6
Committee
3
Apr 8, 2025
Signed into law
Signed
executive
Mar 21, 2025
Upper · Passed
passed Senate
upper
Mar 6, 2025
Upper · Passed
DO PASS committee report adopted
upper
Mar 4, 2025
Introduced
Sent to Senate Conservation Committee & Senate Finance Committee
upper
Mar 4, 2025
Lower · Passed
passed House
lower
Feb 28, 2025
Lower · Passed
DO PASS committee report adopted
lower
Feb 12, 2025
Lower · Passed
DO PASS committee report adopted
lower
Jan 29, 2025
Introduced
Sent to House Agriculture, Acequias & Water Resources Committee & House Appropriations & Finance Committee
lower
5 primary · 0 co-sponsors

Sponsors