IRRIGATION WORKS FUND ANNUAL TRANSFER

SB 208 increases the annual transfer from New Mexico's Irrigation Works Construction Fund to the Acequia and Community Ditch Infrastructure Fund, doubling the amount from $2.5 million to $5 million per year. This change directly affects acequias (traditional community irrigation systems) and local ditch associations that manage water infrastructure in rural New Mexico. The bill amends existing law to redirect these funds annually starting July 1, 2025, to support maintenance and improvements of irrigation infrastructure. The transfer mechanism is a straightforward reallocation of existing state funds without creating new programs or requirements.