SENATE BILL

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Michael Padilla

ENDORSED BY THE NEW MEXICO FINANCE AUTHORITY

OVERSIGHT COMMITTEE

AN ACT

MAKING AN APPROPRIATION TO THE DEPARTMENT OF FINANCE AND ADMINISTRATION FOR THE NEW MEXICO FINANCE AUTHORITY TO CARRY OUT THE PURPOSES OF THE PRIMARY CARE CAPITAL FUNDING ACT.

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 department of finance and administration for expenditure in fiscal year 2027 and subsequent fiscal years for the New Mexico finance authority to carry out the purposes of the Primary Care Capital Funding Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.

.232558.1SA