New MexicoBill would transfer $29.5 million to rural library endowment
If enacted, the bill would move $29.5 million from New Mexico’s general fund into the rural libraries endowment fund.
What it does
The bill would move $29.5 million from New Mexico’s general fund into the rural libraries endowment fund.
Argument forThe transfer could give the rural libraries endowment fund more money to support rural libraries.
Argument againstThe transfer could leave less money in the general fund for other state needs.
More detail
The bill would transfer $29.5 million from the general fund to the rural libraries endowment fund. The transfer would go to New Mexico’s rural libraries endowment fund.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 24action postponed indefinitelyLatest
- Jan 30DO PASS committee report adoptedMinor
- Jan 23germane
- Jan 22Sent to Senate Committees' Committee & Senate Indian, Rural and Cultural Affairs Committee & Senate Finance CommitteeIntroduced
Taxes & BudgetEducation