SENATE BILL 59
56th legislature - STATE OF NEW MEXICO - first session, 2023
William P. Soules
MAKING AN APPROPRIATION TO THE DEPARTMENT OF TRANSPORTATION TO STUDY THE FEASIBILITY OF CONSTRUCTING A HIGH-SPEED PASSENGER RAILROAD IN NEW MEXICO.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Five hundred thousand dollars ($500,000) is appropriated from the general fund to the department of transportation for expenditure in fiscal year 2024 to study the feasibility of constructing a high-speed passenger railroad in New Mexico. Any unexpended or unencumbered balance remaining at the end of fiscal year 2024 shall revert to the general fund.