Maddy summaryThis bill establishes a program to provide zero-interest loans to local governments in New Mexico that have received federal funding to repair public infrastructure damaged by recent wildfires and storms. The loans are specifically intended for projects related to the Salt Fire, South Fork Fire, or associated storm events and must be repaid within ninety days once the federal funds are received. If a recipient fails to repay the loan on time, the interest rate will increase to current market levels, and the state has the authority to enforce these terms. The legislation appropriates $200 million from the general fund to cover the loan amounts and administrative costs, with the program ending once all contracts are fully repaid.
BB
Total votes
89
all sessions
Attendance
99%
1 missed
Near the chamber average
With party
98%
of cast votes
Near the chamber average
Bipartisan score
4%
crosses aisle rarely
Near the chamber average
Sponsored
2
bills & resolutions
Higher than 86% of chamber peers
Committees
0
assignments
2 bills and resolutions
Sponsored bills
Total
2
Primary
2
Co-sponsor
0
This page
2
matching current filters
FIRE & FLOODING RELIEF
In committee Aug 14, 2024
0 co-sponsors
FEED BILL, FIRE RELIEF & COURT TREATMENT
Maddy summaryThis bill provides emergency funding to New Mexico state agencies to address the aftermath of recent flooding and wildfires. It allocates money to support the Mescalero Apache Tribe for fire-related damages, fund wildfire mitigation and infrastructure repair projects, and assist individuals and businesses in navigating federal and insurance claims processes. Additionally, the legislation directs funds to the state courts to expand mental health treatment options and pilot programs for individuals with competency issues. These financial resources are intended to help the state recover from natural disasters and improve access to certain legal and health services.
Signed into law Jul 30, 2024
0 co-sponsors
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