New Mexico legislation · 2026 Regular Session
New Mexico HB63: NMFA WATER PROJECT FUND PROJECTS
Status: Signed into law, March 5, 2026
What the bill says
An act relating to finance; authorizing the new mexico finance authority to make loans or grants from the water project fund for certain water projects; declaring an emergency.
From the enrolled text, March 6, 2026:
AN ACT RELATING TO FINANCE; AUTHORIZING THE NEW MEXICO FINANCE AUTHORITY TO MAKE LOANS OR GRANTS FROM THE WATER PROJECT FUND FOR CERTAIN WATER PROJECTS; DECLARING AN EMERGENCY. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. AUTHORIZATION OF QUALIFYING WATER PROJECTS.--Pursuant to Section 72-4A-9 NMSA 1978, the legislature authorizes the New Mexico finance authority to make loans or grants from the water project fund to the following qualifying entities for the following qualifying water projects on terms and conditions established by the water trust board and the New Mexico finance authority: 1. to the city of Gallup in McKinley county for one water conservation, treatment, recycling or reuse project, one water storage, conveyance and delivery project and one wastewater conveyance and treatment project; 2. to the Albuquerque-Bernalillo county water utility authority in Bernalillo county for one water conservation, treatment, recycling or reuse project and one water storage, conveyance and delivery project; 3. to the village of Los Ranchos de Albuquerque in Bernalillo county for one water conservation, treatment, recycling or reuse project and one flood prevention project; 4. to Luna county for a flood prevention project; HB 63/ec Page 5. to the city of Sunland Park in Dona Ana county for one flood prevention project and two water storage, conveyance and delivery projects; 6. …
Sponsors
- Kathleen Cates (D, HD-044) · primary sponsor
- John Block (R, HD-051)
- Pete Campos (D, SD-008)
Latest actions
- : Signed by Governor - Chapter 35 - Mar. 5
- : Passed in the Senate - Y:39 N:0
- : SCONC: Reported by committee with Do Pass recommendation
- : Sent to SCONC - Referrals: SCONC
- : Passed in the House of Representatives - Y:66 N:0
- : HAFC: Reported by committee with Do Pass recommendation
- : HAAWC: Reported by committee with Do Pass recommendation
- : Sent to HAAWC - Referrals: HAAWC/HAFC
- : Sent to HPREF - Referrals: HPREF
Votes
- Senate Floor Vote (February 15, 2026): 39 yea, 0 nay, passed
- House Floor Vote (February 12, 2026): 66 yea, 0 nay, passed
Subjects: WATER & WATER RIGHTS (acequias, irrigation, rivers)
Common questions
- What is HB63?
- HB63 is a bill in the New Mexico Legislature (2026 Regular Session): NMFA WATER PROJECT FUND PROJECTS.
- What does HB63 do?
- In its own words: An act relating to finance; authorizing the new mexico finance authority to make loans or grants from the water project fund for certain water projects; declaring an emergency.
- What is the status of HB63?
- Signed into law as of March 5, 2026. Latest action: Signed by Governor - Chapter 35 - Mar. 5 (March 5, 2026).
- Who sponsored HB63?
- Kathleen Cates (D, HD-044), with 2 co-sponsors.
- Where is the official record for HB63?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=63&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.