SENATE BILL 204

55th legislature - STATE OF NEW MEXICO - second session, 2022

INTRODUCED BY

William P. Soules

 

 

 

 

 

AN ACT

MAKING AN APPROPRIATION TO THE DEPARTMENT OF TRANSPORTATION TO CONSTRUCT A HIGH-SPEED PASSENGER RAILROAD IN NEW MEXICO.

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. APPROPRIATION.--One billion dollars ($1,000,000,000) is appropriated from the general fund to the department of transportation for expenditure in fiscal years 2023 through 2027 to construct a high-speed passenger railroad that runs from New Mexico's southern border to New Mexico's northern border. Any unexpended or unencumbered balance remaining at the end of fiscal year 2027 shall revert to the general fund.

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