SENATE BILL 167
56th legislature - STATE OF NEW MEXICO - first session, 2023
Elizabeth "Liz" Stefanics and Peter Wirth and Kristina Ortez
MAKING AN APPROPRIATION TO THE INTERSTATE STREAM COMMISSION FOR THE STRATEGIC WATER RESERVE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Twenty-five million dollars ($25,000,000) is appropriated from the general fund to the interstate stream commission for expenditure in fiscal year 2024 and subsequent fiscal years for the strategic water reserve. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.