OFFICE OF NATURAL RESOURCES TRUSTEE FUNDING

HB 271 appropriates $100 million from New Mexico's general fund to the Office of Natural Resources Trustee for public land projects between 2027 and 2029. The funds will directly support land purchases or interests to create, expand, or restore public lands, including up to $30 million in state matching funds for local governments that received federal disaster aid. Unspent funds by the end of 2029 must revert to the general fund. This bill provides concrete financial resources for conservation and land management, with specific allocation rules for both general public lands and disaster recovery efforts.