New MexicoProposal would set aside $25 million for primary care funding
The proposal would set aside $25 million for the New Mexico Finance Authority, with any unspent balance staying available after each fiscal year.
What it does
The bill would set aside $25 million for the New Mexico Finance Authority to carry out the Primary Care Capital Funding Act's purposes.
Argument forThe $25 million could help the Finance Authority carry out the Primary Care Capital Funding Act's purposes.
Argument againstThe money could stay unavailable for other state needs if the authority does not spend or commit it by the end of a fiscal year.
More detail
The bill would set aside $25 million from the general fund for the New Mexico Finance Authority. The money would go to the Department of Finance and Administration for the authority to carry out the purposes of the Primary Care Capital Funding Act. The money would be available in fiscal year 2027 and later fiscal years; any balance left at a year's end would not return to the general 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
- Feb 2DO PASS committee report adoptedMinor
- Jan 23germane
- Jan 22Sent to Senate Committees' Committee & Senate Health and Public Affairs Committee & Senate Finance CommitteeIntroduced
HealthcareTaxes & BudgetGovernment & Ethics