New Mexico 2024 Regular Session

New Mexico Senate Bill SB205

Introduced
1/24/24  
Report Pass
1/25/24  

Caption

Local Councils Of Gov't

Impact

If enacted, SB205 is likely to enhance the capabilities of local governments in planning and development activities. By allocating funds through councils of government, which act as intermediaries, the bill aims to streamline access to state resources and improve local governance. It could potentially lead to more targeted and effective local development projects, especially in areas where local councils have experienced funding shortages. However, the bill also stipulates that any unspent funds by the end of fiscal year 2025 will revert to the general fund, encouraging accountability in the utilization of state funds.

Summary

Senate Bill 205 proposes an appropriation of one million dollars from the general fund to the Department of Finance and Administration. This funding is designated for local councils of government, which are responsible for managing, disbursing, and overseeing appropriations specifically targeted for local governments within their respective planning and development districts. The intended use of these funds is expected to support local planning initiatives and development programs that cater to the specific needs of communities across the state.

Contention

While specific points of contention around SB205 are not explicitly detailed in the initial readings, it reflects broader themes often seen in discussions about funding local government initiatives. Supporters may argue that this funding is essential for affording local governments the resources necessary for effective planning, while opponents might raise concerns about the adequacy and sufficiency of the proposed funding, its dependency on the general fund, and whether it truly meets the diverse needs of varied local jurisdictions.

Companion Bills

No companion bills found.

Previously Filed As

NM HB49

County And Tribal Health Councils Funding

NM HB214

General Appropriation Act Of 2023

NM SB241

Prosperity & Economic Resilience Act

NM SB197

Infrastructure Planning & Development Office

NM HB2

General Appropriation Act Of 2023

NM HB262

Transfer Connect Nm Grant Program

NM HB285

Office Of Special Education

NM SB479

Capital Outlay Reform Act

NM HB188

Economic Transition Division

NM HB1

Feed Bill

Similar Bills

No similar bills found.