New Mexico 2024 Regular Session Status: Enacted 1 D cosponsors

HB 308 — GENERAL OBLIGATION BONDS

Last action — Signed

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 31, 2024. Enacted.

Signed by Governor Michelle Lujan Grisham (Democratic) on March 15, 2024.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 52% · moderate confidence
  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

961 added · 1167 removed

Plain-language change summary

The updated version of HB 308 includes a formal title "2024 Capital Projects General Obligation Bond Act" and emphasizes that it is an emergency measure, which speeds up the process of getting voter approval. Furthermore, it explicitly states the purpose of authorizing state indebtedness for various capital projects. These additions clarify the bill's intent and urgency, making it easier for voters to understand the significance of the bond issuance for funding improvements in key areas like senior facilities, libraries, and educational institutions.

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HOUSE BILL 308 56TH LEGISLATURE -STATEOFNEWMEXICO- SECOND SESSION , 2024 INTRODUCED BY Derrick J.
AN ACT RELATING TO GENERAL OBLIGATION BONDS;
Lente 6 8 10 AN ACT RELATING TO GENERAL OBLIGATION BONDS;
AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS, CONSTRUCTION AND ACQUISITIONS, FOR LIBRARY ACQUISITIONS, FOR CAPITAL IMPROVEMENTS AND ACQUISITIONS AT INSTITUTIONS OF HIGHER EDUCATION, STATE SPECIAL SCHOOLS AND TRIBAL SCHOOLS AND FOR PUBLIC SAFETY RADIO COMMUNICATION IMPROVEMENTS STATEWIDE;
AUTHORIZING THE ISSUANCE AND SALE OF CAPITAL PROJECTS GENERAL OBLIGATION BONDS TO MAKE CAPITAL EXPENDITURES FOR SENIOR CITIZEN FACILITY IMPROVEMENTS, CONSTRUCTION AND ACQUISITIONS, FOR LIBRARY ACQUISITIONS, FOR CAPITAL IMPROVEMENTS AND ACQUISITIONS AT INSTITUTIONS OF HIGHER EDUCATION, STATE SPECIAL SCHOOLS AND TRIBAL SCHOOLS AND FOR e t 17 PUBLIC SAFETY RADIO COMMUNICATION IMPROVEMENTS STATEWIDE;
PROVIDING FOR A PROPERTY TAX LEVY FOR PAYMENT OF PRINCIPAL OF, INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS;
w l n d 18 PROVIDING FOR A PROPERTY TAX LEVY FOR PAYMENT OF PRINCIPAL OF, = = 19 a l INTEREST ON AND CERTAIN COSTS RELATED TO THE BONDS;
REQUIRING APPROVAL OF THE REGISTERED VOTERS AT THE 2024 GENERAL ELECTION OF THE STATE;
REQUIRING i a e r 20 APPROVAL OF THE REGISTERED VOTERS AT THE 2024 GENERAL ELECTION a t m m 21 OF THE STATE;
d r e 22 c e s k 23 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
e a n b 24 SECTION 1.
SECTION 1.
SHORT TITLE.--This act may be cited as the u [ "2024 Capital Projects General Obligation Bond Act".
SHORT TITLE.--This act may be cited as the "2024 Capital Projects General Obligation Bond Act".
.227348.1 SECTION 2.
SECTION 2.
The state board of finance, except as limited by the 2024 Capital Projects General Obligation Bond Act, shall determine the terms, covenants and conditions of bonds issued pursuant to that act, including:
The state board of finance, except as limited by the 2024 Capital Projects General Obligation Bond Act, HB 308/ec Page 1 shall determine the terms, covenants and conditions of bonds issued pursuant to that act, including:
and (4) provisions for redemption, including premiums, registration and refundability, whether the bonds are e t 17 issued in one or more series and other covenants relating to w l n d 18 the bonds and the issuance thereof.
and (4) provisions for redemption, including premiums, registration and refundability, whether the bonds are issued in one or more series and other covenants relating to the bonds and the issuance thereof.
= = 19 a l B.
B.
The bonds shall be in such form as the state i a e r 20 board of finance determines with an appropriate series a t m m 21 designation and shall bear interest payable as set forth in the d r e 22 resolution of the state board of finance.
The bonds shall be in such form as the state board of finance determines with an appropriate series designation and shall bear interest payable as set forth in the resolution of the state board of finance.
c e s k 23 C.
C.
Payment of the principal of the bonds shall e a n b 24 begin not more than two years after the date of their issuance, u [ and the bonds shall mature not later than ten years after the .227348.1 - 2 - date of their issuance.
Payment of the principal of the bonds shall begin not more than two years after the date of their issuance, and the bonds shall mature not later than ten years after the date of their issuance.
The bonds shall be executed with the manual or facsimile signature of the governor or the state treasurer, and the seal or a facsimile of the seal of the state shall be placed on each bond, except for any series of bonds issued in book entry or similar form without the delivery of physical securities.
The bonds shall be executed with the manual or facsimile signature of the governor or the state treasurer, and the seal or a facsimile of the seal of the state shall be placed on each bond, except for any series of bonds issued in HB 308/ec Page 2 book entry or similar form without the delivery of physical securities.
e t 17 F.
F.
The full faith and credit of the state is w l n d 18 pledged for the prompt payment when due of the principal of and = = 19 a l interest on all bonds issued and sold pursuant to the 2024 i a e r 20 Capital Projects General Obligation Bond Act.
The full faith and credit of the state is pledged for the prompt payment when due of the principal of and interest on all bonds issued and sold pursuant to the 2024 Capital Projects General Obligation Bond Act.
a t m m 21 SECTION 4.
SECTION 4.
EXPENDITURES.--The proceeds from the sale of d r e 22 the bonds shall be expended solely for providing money to be c e s k 23 distributed for the purposes and in amounts not to exceed the e a n b 24 amounts set forth in Section 10 of the 2024 Capital Projects u [ General Obligation Bond Act and to pay expenses incurred under .227348.1 - 3 - Section 6 of that act.
EXPENDITURES.--The proceeds from the sale of the bonds shall be expended solely for providing money to be distributed for the purposes and in amounts not to exceed the amounts set forth in Section 10 of the 2024 Capital Projects General Obligation Bond Act and to pay expenses incurred under Section 6 of that act.
The bonds may be sold at private sale or at public sale, in either case at not less than par plus accrued interest to the date of delivery.
The bonds may be sold at HB 308/ec Page 3 private sale or at public sale, in either case at not less than par plus accrued interest to the date of delivery.
The required publications shall be made once each week for two consecutive weeks prior to the date fixed for the sale, the last e t 17 publication thereof to be at least five days prior to the date w l n d 18 of the sale.
The required publications shall be made once each week for two consecutive weeks prior to the date fixed for the sale, the last publication thereof to be at least five days prior to the date of the sale.
The notice shall specify the amount, = = 19 a l denomination, maturity and description of the bonds to be i a e r 20 offered for sale and the place, date and hour at which the a t m m 21 sealed bids shall be received.
The notice shall specify the amount, denomination, maturity and description of the bonds to be offered for sale and the place, date and hour at which the sealed bids shall be received.
At the time and place specified d r e 22 in the notice, the state board of finance shall open the bids c e s k 23 in public and shall award the bonds to the bidder or bidders e a n b 24 offering the best price for the bonds.
At the time and place specified in the notice, the state board of finance shall open the bids in public and shall award the bonds to the bidder or bidders offering the best price for the bonds.
The state board of u [ finance may reject any or all bids and readvertise and may .227348.1 - 4 - waive any irregularity in a bid.
The state board of finance may reject any or all bids and readvertise and may waive any irregularity in a bid.
The state treasurer or state investment officer is authorized to purchase any of the bonds for investment.
The state treasurer HB 308/ec Page 4 or state investment officer is authorized to purchase any of the bonds for investment.
EXPENSES.--The expenses incurred by the state board of finance in or relating to the preparation and sale of the bonds shall be paid out of the proceeds from the sale of the bonds, and all rebate, penalty, interest and other e t 17 obligations of the state relating to the bonds and bond w l n d 18 proceeds under the Internal Revenue Code of 1986, as amended, = = 19 a l shall be paid from earnings on bond proceeds or other money of i a e r 20 the state, legally available for such payments.
EXPENSES.--The expenses incurred by the state board of finance in or relating to the preparation and sale of the bonds shall be paid out of the proceeds from the sale of the bonds, and all rebate, penalty, interest and other obligations of the state relating to the bonds and bond proceeds under the Internal Revenue Code of 1986, as amended, shall be paid from earnings on bond proceeds or other money of the state, legally available for such payments.
a t m m 21 SECTION 7.
SECTION 7.
PROPERTY TAX LEVY.--To provide for the payment d r e 22 of the principal of and interest on the bonds issued and sold c e s k 23 pursuant to the provisions of the 2024 Capital Projects General e a n b 24 Obligation Bond Act, there shall be and there is hereby imposed u [ and levied during each year in which any of the bonds are .227348.1 - 5 - outstanding an ad valorem tax on all property in the state subject to property taxation for state purposes sufficient to pay the interest as it becomes due on the bonds, together with an amount sufficient to provide a sinking fund to pay the principal of the bonds as it becomes due, and, if permitted by law, ad valorem taxes may be collected to pay administrative costs incident to the collection of such taxes.
PROPERTY TAX LEVY.--To provide for the payment of the principal of and interest on the bonds issued and sold pursuant to the provisions of the 2024 Capital Projects General Obligation Bond Act, there shall be and there is hereby imposed and levied during each year in which any of the bonds are outstanding an ad valorem tax on all property in the state subject to property taxation for state purposes sufficient to pay the interest as it becomes due on the bonds, together with an amount sufficient to provide a sinking fund to pay the principal of the bonds as it becomes due, and, if permitted by law, ad valorem taxes may be collected to pay administrative costs incident to the HB 308/ec Page 5 collection of such taxes.
TREASURER--DUTIES.--The state treasurer shall keep separate accounts of all money collected pursuant to the taxes imposed and levied pursuant to the provisions of the 2024 Capital Projects General Obligation Bond Act and shall use this e t 17 money only for the purposes of paying the principal of and w l n d 18 interest on the bonds as they become due and any expenses = = 19 a l relating thereto.
TREASURER--DUTIES.--The state treasurer shall keep separate accounts of all money collected pursuant to the taxes imposed and levied pursuant to the provisions of the 2024 Capital Projects General Obligation Bond Act and shall use this money only for the purposes of paying the principal of and interest on the bonds as they become due and any expenses relating thereto.
i a e r 20 SECTION 9.
SECTION 9.
IRREPEALABLE CONTRACT--AUTHORITY FOR a t m m 21 ISSUANCE.--An owner of bonds issued pursuant to the provisions d r e 22 of the 2024 Capital Projects General Obligation Bond Act may, c e s k 23 either at law or in equity, by suit, action or mandamus, e a n b 24 enforce and compel the performance of the duties required by u [ that act of any officer or entity mentioned in that act.
IRREPEALABLE CONTRACT--AUTHORITY FOR ISSUANCE.--An owner of bonds issued pursuant to the provisions of the 2024 Capital Projects General Obligation Bond Act may, either at law or in equity, by suit, action or mandamus, enforce and compel the performance of the duties required by that act of any officer or entity mentioned in that act.
The .227348.1 - 6 - provisions of that act constitute an irrepealable contract with the owners of any of the bonds issued pursuant to that act for the faithful performance of which the full faith and credit of the state is pledged.
The provisions of that act constitute an irrepealable contract with the owners of any of the bonds issued pursuant to that act for the faithful performance of which the full faith and credit of the state is pledged.
Without reference to any other act of the legislature, the 2024 Capital Projects General Obligation Bond Act is full authority for the issuance and sale of the bonds authorized in that act, and such bonds shall have all the qualities of investment securities under the Uniform Commercial Code, shall not be invalid for any irregularity or defect in the proceedings for the issuance and sale of the bonds and shall be incontestable in the hands of bona fide purchasers or holders thereof for value.
Without reference to any other act of the legislature, the 2024 Capital Projects General Obligation Bond Act is full HB 308/ec Page 6 authority for the issuance and sale of the bonds authorized in that act, and such bonds shall have all the qualities of investment securities under the Uniform Commercial Code, shall not be invalid for any irregularity or defect in the proceedings for the issuance and sale of the bonds and shall be incontestable in the hands of bona fide purchasers or holders thereof for value.
PROJECTS.--The proceeds from the sale of e t 17 bonds issued under the provisions of the 2024 Capital Projects w l n d 18 General Obligation Bond Act shall be distributed as = = 19 a l follows for the purposes and in the amounts specified:
PROJECTS.--The proceeds from the sale of bonds issued under the provisions of the 2024 Capital Projects General Obligation Bond Act shall be distributed as follows for the purposes and in the amounts specified:
i a e r 20 A.
A.
for senior citizen facility improvement, a t m m 21 construction and equipment acquisition projects to the aging d r e 22 and long-term services department:
for senior citizen facility improvement, construction and equipment acquisition projects to the aging and long-term services department:
c e s k 23 (1) one hundred thousand dollars ($100,000) to e a n b 24 purchase and install meals equipment and other equipment for u [ the Barelas senior center in Albuquerque in Bernalillo county;
(1) one hundred thousand dollars ($100,000) to purchase and install meals equipment and other equipment for the Barelas senior center in Albuquerque in Bernalillo county;
.227348.1 - 7 - (2) one million five hundred thousand dollars ($1,500,000) for renovations to the Barelas senior center in Albuquerque in Bernalillo county;
(2) one million five hundred thousand dollars ($1,500,000) for renovations to the Barelas senior center in Albuquerque in Bernalillo county;
(3) three hundred seventy-one thousand dollars ($371,000) for renovations to the Highland senior center in Albuquerque in Bernalillo county;
(3) three hundred seventy-one thousand HB 308/ec Page 7 dollars ($371,000) for renovations to the Highland senior center in Albuquerque in Bernalillo county;
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e t 17 (7) fifty-five thousand dollars ($55,000) to w l n d 18 purchase and install meals equipment and other equipment for = = 19 a l the North Valley senior center in Albuquerque in Bernalillo i a e r 20 county;
(7) fifty-five thousand dollars ($55,000) to purchase and install meals equipment and other equipment for the North Valley senior center in Albuquerque in Bernalillo county;
a t m m 21 (8) one hundred twenty thousand dollars d r e 22 ($120,000) to purchase and equip vehicles for the north Domingo c e s k 23 Baca multigenerational center in Albuquerque in Bernalillo e a n b 24 county;
(8) one hundred twenty thousand dollars ($120,000) to purchase and equip vehicles for the north Domingo Baca multigenerational center in Albuquerque in Bernalillo county;
u [ (9) forty thousand dollars ($40,000) to .227348.1 - 8 - purchase and install meals equipment and other equipment for the Palo Duro senior center in Albuquerque in Bernalillo county;
(9) forty thousand dollars ($40,000) to purchase and install meals equipment and other equipment for the Palo Duro senior center in Albuquerque in Bernalillo HB 308/ec Page 8 county;
(13) forty-eight thousand dollars ($48,000) for renovations to the South Valley multipurpose senior center e t 17 in Bernalillo county;
(13) forty-eight thousand dollars ($48,000) for renovations to the South Valley multipurpose senior center in Bernalillo county;
w l n d 18 (14) seventy-two thousand dollars ($72,000) = = 19 a l for improvements to the facility to address code compliance i a e r 20 issues and for the purchase and installation of equipment and a t m m 21 building systems at the Glenwood senior center in Catron d r e 22 county;
(14) seventy-two thousand dollars ($72,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Glenwood senior center in Catron county;
c e s k 23 (15) two hundred five thousand dollars e a n b 24 ($205,000) for improvements to the facility to address code u [ compliance issues and for the purchase and installation of .227348.1 - 9 - equipment and building systems at the Quemado senior center in Catron county;
(15) two hundred five thousand dollars ($205,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Quemado senior center HB 308/ec Page 9 in Catron county;
(20) fifty thousand dollars ($50,000) for e t 17 renovations to the Lake Arthur senior center in Chaves county;
(20) fifty thousand dollars ($50,000) for renovations to the Lake Arthur senior center in Chaves county;
w l n d 18 (21) one hundred seventy-seven thousand = = 19 a l dollars ($177,000) to purchase and equip vehicles for the Lake i a e r 20 Arthur senior center in Chaves county;
(21) one hundred seventy-seven thousand dollars ($177,000) to purchase and equip vehicles for the Lake Arthur senior center in Chaves county;
a t m m 21 (22) one hundred sixty thousand dollars d r e 22 ($160,000) for renovations to the Midway senior center in c e s k 23 Roswell in Chaves county;
(22) one hundred sixty thousand dollars ($160,000) for renovations to the Midway senior center in Roswell in Chaves county;
e a n b 24 (23) ninety-five thousand dollars ($95,000) to u [ purchase and equip vehicles for the Midway senior center in .227348.1 - 10 - Roswell in Chaves county;
(23) ninety-five thousand dollars ($95,000) HB 308/ec Page 10 to purchase and equip vehicles for the Midway senior center in Roswell in Chaves county;
(28) one million five hundred thousand dollars e t 17 ($1,500,000) for renovations to the To'hajiilee senior center w l n d 18 in the To'hajiilee chapter of the Navajo Nation in Bernalillo = = 19 a l county;
(28) one million five hundred thousand dollars ($1,500,000) for renovations to the To'hajiilee senior center in the To'hajiilee chapter of the Navajo Nation in Bernalillo county;
i a e r 20 (29) one hundred twelve thousand dollars a t m m 21 ($112,000) to purchase and equip vehicles for the To'hajiilee d r e 22 senior center in the To'hajiilee chapter of the Navajo Nation c e s k 23 in Bernalillo county;
(29) one hundred twelve thousand dollars ($112,000) to purchase and equip vehicles for the To'hajiilee senior center in the To'hajiilee chapter of the Navajo Nation in Bernalillo county;
e a n b 24 (30) one hundred seventy-five thousand dollars u [ ($175,000) to purchase and equip vehicles for the Clovis senior .227348.1 - 11 - center in Curry county;
(30) one hundred seventy-five thousand HB 308/ec Page 11 dollars ($175,000) to purchase and equip vehicles for the Clovis senior center in Curry county;
e t 17 (35) one hundred two thousand dollars w l n d 18 ($102,000) for renovations to the Artesia senior center in Eddy = = 19 a l county;
(35) one hundred two thousand dollars ($102,000) for renovations to the Artesia senior center in Eddy county;
i a e r 20 (36) five hundred thousand dollars ($500,000) a t m m 21 for renovations to the Santa Rosa senior center in Guadalupe d r e 22 county;
(36) five hundred thousand dollars ($500,000) for renovations to the Santa Rosa senior center in Guadalupe county;
c e s k 23 (37) eighty-two thousand dollars ($82,000) to e a n b 24 purchase and equip vehicles for the Santa Rosa senior center in u [ Guadalupe county;
(37) eighty-two thousand dollars ($82,000) to purchase and equip vehicles for the Santa Rosa senior HB 308/ec Page 12 center in Guadalupe county;
.227348.1 - 12 - (38) seventy-three thousand dollars ($73,000) to purchase and equip vehicles for the Eunice senior center in Lea county;
(38) seventy-three thousand dollars ($73,000) to purchase and equip vehicles for the Eunice senior center in Lea county;
e t 17 (43) fourteen thousand dollars ($14,000) to w l n d 18 purchase and install meals equipment and other equipment for = = 19 a l the Breadsprings chapter of the Navajo Nation in McKinley i a e r 20 county;
(43) fourteen thousand dollars ($14,000) to purchase and install meals equipment and other equipment for the Breadsprings chapter of the Navajo Nation in McKinley county;
a t m m 21 (44) twenty-nine thousand dollars ($29,000) d r e 22 for improvements to the facility to address code compliance c e s k 23 issues and for the purchase and installation of equipment and e a n b 24 building systems at the Chichiltah senior center in the u [ Chichiltah chapter of the Navajo Nation in McKinley county;
(44) twenty-nine thousand dollars ($29,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and HB 308/ec Page 13 building systems at the Chichiltah senior center in the Chichiltah chapter of the Navajo Nation in McKinley county;
.227348.1 - 13 - (45) eighty-seven thousand dollars ($87,000) to plan, design, construct, equip and furnish the Chichiltah senior center in the Chichiltah chapter of the Navajo Nation in McKinley county;
(45) eighty-seven thousand dollars ($87,000) to plan, design, construct, equip and furnish the Chichiltah senior center in the Chichiltah chapter of the Navajo Nation in McKinley county;
(49) ninety-five thousand dollars ($95,000) to purchase and equip vehicles for the Whitehorse Lake senior e t 17 center in the Whitehorse chapter of the Navajo Nation in w l n d 18 McKinley county;
(49) ninety-five thousand dollars ($95,000) to purchase and equip vehicles for the Whitehorse Lake senior center in the Whitehorse chapter of the Navajo Nation in McKinley county;
= = 19 a l (50) one hundred fifty-one thousand dollars i a e r 20 ($151,000) for renovations to the Alamo senior center in a t m m 21 Alamogordo in Otero county;
(50) one hundred fifty-one thousand dollars ($151,000) for renovations to the Alamo senior center in Alamogordo in Otero county;
d r e 22 (51) one hundred thirty-seven thousand dollars c e s k 23 ($137,000) to purchase and equip vehicles for the senior center e a n b 24 for the Mescalero Apache Tribe in Otero county;
(51) one hundred thirty-seven thousand HB 308/ec Page 14 dollars ($137,000) to purchase and equip vehicles for the senior center for the Mescalero Apache Tribe in Otero county;
u [ (52) twenty-five thousand dollars ($25,000) .227348.1 - 14 - for renovations to the Logan senior center in Quay county;
(52) twenty-five thousand dollars ($25,000) for renovations to the Logan senior center in Quay county;
(57) six hundred thousand dollars ($600,000) e t 17 for improvements to the facility to address code compliance w l n d 18 issues and for the purchase and installation of equipment and = = 19 a l building systems at the Beclabito senior center in the i a e r 20 Beclabito chapter of the Navajo Nation in San Juan county;
(57) six hundred thousand dollars ($600,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Beclabito senior center in the Beclabito chapter of the Navajo Nation in San Juan county;
a t m m 21 (58) twenty-nine thousand dollars ($29,000) to d r e 22 purchase and install meals equipment and other equipment for c e s k 23 the Bloomfield senior center in San Juan county;
(58) twenty-nine thousand dollars ($29,000) to purchase and install meals equipment and other equipment HB 308/ec Page 15 for the Bloomfield senior center in San Juan county;
e a n b 24 (59) six hundred ninety-three thousand dollars u [ ($693,000) for renovations to the Bloomfield senior center in .227348.1 - 15 - San Juan county;
(59) six hundred ninety-three thousand dollars ($693,000) for renovations to the Bloomfield senior center in San Juan county;
e t 17 (64) fifty thousand dollars ($50,000) for w l n d 18 improvements to the facility to address code compliance issues = = 19 a l and for the purchase and installation of equipment and building i a e r 20 systems at the Lake Valley senior center in the Lake Valley a t m m 21 chapter of the Navajo Nation in San Juan county;
(64) fifty thousand dollars ($50,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Lake Valley senior center in the Lake Valley chapter of the Navajo Nation in San Juan county;
d r e 22 (65) ninety thousand dollars ($90,000) to c e s k 23 purchase and equip vehicles for the Lake Valley senior center e a n b 24 in the Lake Valley chapter of the Navajo Nation in San Juan u [ county;
HB 308/ec Page 16 (65) ninety thousand dollars ($90,000) to purchase and equip vehicles for the Lake Valley senior center in the Lake Valley chapter of the Navajo Nation in San Juan county;
.227348.1 - 16 - (66) six hundred seventy thousand dollars ($670,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Naschitti senior center in the Naschitti chapter of the Navajo Nation in San Juan county;
(66) six hundred seventy thousand dollars ($670,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Naschitti senior center in the Naschitti chapter of the Navajo Nation in San Juan county;
(69) sixty-five thousand dollars ($65,000) to purchase and install meals equipment and other equipment for e t 17 the Naschitti senior center in the Naschitti chapter of the w l n d 18 Navajo Nation in San Juan county;
(69) sixty-five thousand dollars ($65,000) to purchase and install meals equipment and other equipment for the Naschitti senior center in the Naschitti chapter of the Navajo Nation in San Juan county;
= = 19 a l (70) eighty thousand dollars ($80,000) to i a e r 20 purchase and equip vehicles for the Naschitti senior center in a t m m 21 the Naschitti chapter of the Navajo Nation in San Juan county;
(70) eighty thousand dollars ($80,000) to purchase and equip vehicles for the Naschitti senior center in the Naschitti chapter of the Navajo Nation in San Juan HB 308/ec Page 17 county;
d r e 22 (71) five hundred sixty thousand dollars c e s k 23 ($560,000) for renovations to the Newcomb senior center in the e a n b 24 Newcomb chapter of the Navajo Nation in San Juan county;
(71) five hundred sixty thousand dollars ($560,000) for renovations to the Newcomb senior center in the Newcomb chapter of the Navajo Nation in San Juan county;
u [ (72) thirty-four thousand dollars ($34,000) .227348.1 - 17 - for renovations to the Blanco senior center in San Juan county;
(72) thirty-four thousand dollars ($34,000) for renovations to the Blanco senior center in San Juan county;
(77) three hundred twenty-seven thousand dollars ($327,000) for improvements to the facility to address code compliance issues and for the purchase and installation of e t 17 equipment and building systems at the Sheep Springs senior w l n d 18 center in the Sheep Springs chapter of the Navajo Nation in San = = 19 a l Juan county;
(77) three hundred twenty-seven thousand dollars ($327,000) for improvements to the facility to address code compliance issues and for the purchase and installation of equipment and building systems at the Sheep Springs senior center in the Sheep Springs chapter of the Navajo Nation in San Juan county;
i a e r 20 (78) three hundred fifty thousand dollars a t m m 21 ($350,000) for renovations to the Sheep Springs senior center d r e 22 in the Sheep Springs chapter of the Navajo Nation in San Juan c e s k 23 county;
HB 308/ec Page 18 (78) three hundred fifty thousand dollars ($350,000) for renovations to the Sheep Springs senior center in the Sheep Springs chapter of the Navajo Nation in San Juan county;
e a n b 24 (79) one hundred thirty-four thousand dollars u [ ($134,000) to purchase and equip vehicles for the Sheep Springs .227348.1 - 18 - senior center in the Sheep Springs chapter of the Navajo Nation in San Juan county;
(79) one hundred thirty-four thousand dollars ($134,000) to purchase and equip vehicles for the Sheep Springs senior center in the Sheep Springs chapter of the Navajo Nation in San Juan county;
(83) eighty-two thousand dollars ($82,000) to purchase and equip vehicles for the Broadmoor senior center in e t 17 Rio Rancho in Sandoval county;
(83) eighty-two thousand dollars ($82,000) to purchase and equip vehicles for the Broadmoor senior center in Rio Rancho in Sandoval county;
w l n d 18 (84) thirty thousand dollars ($30,000) to = = 19 a l purchase and install meals equipment and other equipment for i a e r 20 the Broadmoor senior center in Rio Rancho in Sandoval county;
(84) thirty thousand dollars ($30,000) to purchase and install meals equipment and other equipment for HB 308/ec Page 19 the Broadmoor senior center in Rio Rancho in Sandoval county;
a t m m 21 (85) sixty-four thousand dollars ($64,000) to d r e 22 purchase and install meals equipment and other equipment for c e s k 23 the Meadowlark senior center in Rio Rancho in Sandoval county;
(85) sixty-four thousand dollars ($64,000) to purchase and install meals equipment and other equipment for the Meadowlark senior center in Rio Rancho in Sandoval county;
e a n b 24 (86) two hundred eighty-two thousand dollars u [ ($282,000) for renovations to the Meadowlark senior center in .227348.1 - 19 - Rio Rancho in Sandoval county;
(86) two hundred eighty-two thousand dollars ($282,000) for renovations to the Meadowlark senior center in Rio Rancho in Sandoval county;
e t 17 (92) thirty-one thousand dollars ($31,000) to w l n d 18 purchase and install meals equipment and other equipment for = = 19 a l the Jemez senior center in the Pueblo of Jemez in Sandoval i a e r 20 county;
(92) thirty-one thousand dollars ($31,000) to purchase and install meals equipment and other equipment HB 308/ec Page 20 for the Jemez senior center in the Pueblo of Jemez in Sandoval county;
a t m m 21 (93) thirty-one thousand dollars ($31,000) to d r e 22 purchase and install meals equipment and other equipment for c e s k 23 the Placitas senior center in Sandoval county;
(93) thirty-one thousand dollars ($31,000) to purchase and install meals equipment and other equipment for the Placitas senior center in Sandoval county;
e a n b 24 (94) eighty-eight thousand dollars ($88,000) u [ to purchase and equip vehicles for the Ken James senior center .227348.1 - 20 - in Truth or Consequences in Sierra county;
(94) eighty-eight thousand dollars ($88,000) to purchase and equip vehicles for the Ken James senior center in Truth or Consequences in Sierra county;
e t 17 (a) six million dollars ($6,000,000) for w l n d 18 equipment, library furniture, fixtures and supplemental library = = 19 a l resource acquisitions, including print, non-print and i a e r 20 electronic resources, collaborative library resources and a t m m 21 information technology projects, and for the purchase and d r e 22 installation of broadband internet equipment and infrastructure c e s k 23 at non-tribal public libraries statewide;
(a) six million dollars ($6,000,000) HB 308/ec Page 21 for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at non-tribal public libraries statewide;
and e a n b 24 (b) one million dollars ($1,000,000) for u [ equipment, library furniture, fixtures and supplemental library .227348.1 - 21 - resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at tribal libraries statewide;
and (b) one million dollars ($1,000,000) for equipment, library furniture, fixtures and supplemental library resource acquisitions, including print, non-print and electronic resources, collaborative library resources and information technology projects, and for the purchase and installation of broadband internet equipment and infrastructure at tribal libraries statewide;
for capital improvements and acquisitions at institutions of higher education, special schools and tribal e t 17 schools statewide:
for capital improvements and acquisitions at institutions of higher education, special schools and tribal schools statewide:
w l n d 18 (1) to the board of regents of eastern New = = 19 a l Mexico university:
HB 308/ec Page 22 (1) to the board of regents of eastern New Mexico university:
i a e r 20 (a) five million three hundred thousand a t m m 21 dollars ($5,300,000) to plan, design, construct, furnish and d r e 22 equip an addition to the aircraft maintenance technology c e s k 23 building at the Roswell branch campus of eastern New Mexico e a n b 24 university in Chaves county;
(a) five million three hundred thousand dollars ($5,300,000) to plan, design, construct, furnish and equip an addition to the aircraft maintenance technology building at the Roswell branch campus of eastern New Mexico university in Chaves county;
u [ (b) three million dollars ($3,000,000) .227348.1 - 22 - to plan, design, construct, furnish and equip a workforce training facility, including demolition, at the Ruidoso branch campus of eastern New Mexico university in Lincoln county;
(b) three million dollars ($3,000,000) to plan, design, construct, furnish and equip a workforce training facility, including demolition, at the Ruidoso branch campus of eastern New Mexico university in Lincoln county;
e t 17 (c) two million dollars ($2,000,000) to w l n d 18 plan, design, construct, renovate and equip improvements to the = = 19 a l cosmetology and classroom south building, including parking lot i a e r 20 improvements, at Clovis community college in Clovis in Curry a t m m 21 county;
HB 308/ec Page 23 (c) two million dollars ($2,000,000) to plan, design, construct, renovate and equip improvements to the cosmetology and classroom south building, including parking lot improvements, at Clovis community college in Clovis in Curry county;
d r e 22 (d) five million dollars ($5,000,000) to c e s k 23 plan, design, construct, furnish and equip a trades and e a n b 24 technologies building at southeast New Mexico college in u [ Carlsbad in Eddy county;
(d) five million dollars ($5,000,000) to plan, design, construct, furnish and equip a trades and technologies building at southeast New Mexico college in Carlsbad in Eddy county;
.227348.1 - 23 - (e) four million dollars ($4,000,000) to plan, design, construct, renovate and equip improvements to Mansur hall at New Mexico junior college in Lea county;
(e) four million dollars ($4,000,000) to plan, design, construct, renovate and equip improvements to Mansur hall at New Mexico junior college in Lea county;
e t 17 (i) one million dollars ($1,000,000) to w l n d 18 plan, design, construct, renovate, repair and equip = = 19 a l improvements to Luna community college in Las Vegas in San i a e r 20 Miguel county;
HB 308/ec Page 24 (i) one million dollars ($1,000,000) to plan, design, construct, renovate, repair and equip improvements to Luna community college in Las Vegas in San Miguel county;
a t m m 21 (j) four hundred eighty thousand dollars d r e 22 ($480,000) to plan, design, construct and equip improvements c e s k 23 and upgrades to the loop road and emergency evacuation routes e a n b 24 at the institute of American Indian arts in Santa Fe county;
(j) four hundred eighty thousand dollars ($480,000) to plan, design, construct and equip improvements and upgrades to the loop road and emergency evacuation routes at the institute of American Indian arts in Santa Fe county;
u [ and .227348.1 - 24 - (k) three million seven hundred thousand dollars ($3,700,000) to plan, design, construct and renovate the main building at Santa Fe community college in Santa Fe county;
and (k) three million seven hundred thousand dollars ($3,700,000) to plan, design, construct and renovate the main building at Santa Fe community college in Santa Fe county;
(5) to the board of regents of the New Mexico e t 17 institute of mining and technology, eight million five hundred w l n d 18 thousand dollars ($8,500,000) to plan, design, construct, = = 19 a l furnish and equip the Kelly hall building at the New Mexico i a e r 20 institute of mining and technology in Socorro in Socorro a t m m 21 county;
HB 308/ec Page 25 (5) to the board of regents of the New Mexico institute of mining and technology, eight million five hundred thousand dollars ($8,500,000) to plan, design, construct, furnish and equip the Kelly hall building at the New Mexico institute of mining and technology in Socorro in Socorro county;
d r e 22 (6) to the board of regents of New Mexico c e s k 23 military institute, two million one hundred thousand dollars e a n b 24 ($2,100,000) to plan, design, construct and equip improvements u [ to Willson hall, including heating, ventilation and air .227348.1 - 25 - conditioning systems, at the New Mexico military institute in Roswell in Chaves county;
(6) to the board of regents of New Mexico military institute, two million one hundred thousand dollars ($2,100,000) to plan, design, construct and equip improvements to Willson hall, including heating, ventilation and air conditioning systems, at the New Mexico military institute in Roswell in Chaves county;
(b) ten million dollars ($10,000,000) to plan, design, construct, furnish and equip a creative media facility at New Mexico state university in Las Cruces in Dona e t 17 Ana county;
(b) ten million dollars ($10,000,000) to plan, design, construct, furnish and equip a creative HB 308/ec Page 26 media facility at New Mexico state university in Las Cruces in Dona Ana county;
w l n d 18 (c) twenty million dollars ($20,000,000) = = 19 a l to plan, design, construct, renovate and equip infrastructure i a e r 20 campuswide, including steam and electrical systems, at New a t m m 21 Mexico state university in Las Cruces in Dona Ana county;
(c) twenty million dollars ($20,000,000) to plan, design, construct, renovate and equip infrastructure campuswide, including steam and electrical systems, at New Mexico state university in Las Cruces in Dona Ana county;
d r e 22 (d) one million five hundred seventy- c e s k 23 five thousand dollars ($1,575,000) to plan, design, construct e a n b 24 and equip improvements and upgrades to the loop road and u [ emergency evacuation routes at the Gadsden center at the Dona .227348.1 - 26 - Ana branch community college of New Mexico state university in Anthony in Dona Ana county;
(d) one million five hundred seventy- five thousand dollars ($1,575,000) to plan, design, construct and equip improvements and upgrades to the loop road and emergency evacuation routes at the Gadsden center at the Dona Ana branch community college of New Mexico state university in Anthony in Dona Ana county;
(9) to the board of regents of northern New Mexico state school, five million dollars ($5,000,000) to plan, design, construct, renovate, repair, furnish and equip classrooms and facilities at the Espanola branch campus of northern New Mexico state school in Rio Arriba county;
(9) to the board of regents of northern New Mexico state school, five million dollars ($5,000,000) to plan, design, construct, renovate, repair, furnish and equip classrooms and facilities at the Espanola branch campus of HB 308/ec Page 27 northern New Mexico state school in Rio Arriba county;
(10) to the board of regents of the university e t 17 of New Mexico:
(10) to the board of regents of the university of New Mexico:
w l n d 18 (a) thirty-five million dollars = = 19 a l ($35,000,000) to plan, design, construct, renovate and equip i a e r 20 facilities and infrastructure at the college of pharmacy at the a t m m 21 university of New Mexico in Albuquerque in Bernalillo county;
(a) thirty-five million dollars ($35,000,000) to plan, design, construct, renovate and equip facilities and infrastructure at the college of pharmacy at the university of New Mexico in Albuquerque in Bernalillo county;
d r e 22 (b) fifty-two million dollars c e s k 23 ($52,000,000) to plan, design, construct, furnish and equip a e a n b 24 new humanities and social science facility, including abatement u [ and demolition of existing facilities, at the university of New .227348.1 - 27 - Mexico in Albuquerque in Bernalillo county;
(b) fifty-two million dollars ($52,000,000) to plan, design, construct, furnish and equip a new humanities and social science facility, including abatement and demolition of existing facilities, at the university of New Mexico in Albuquerque in Bernalillo county;
and (f) one million dollars ($1,000,000) to plan, design, construct, renovate, repair and equip facilities at the Valencia branch campus of the university of New Mexico e t 17 in Valencia county;
and HB 308/ec Page 28 (f) one million dollars ($1,000,000) to plan, design, construct, renovate, repair and equip facilities at the Valencia branch campus of the university of New Mexico in Valencia county;
and w l n d 18 (11) to the board of regents of western New = = 19 a l Mexico university, nine million dollars ($9,000,000) to plan, i a e r 20 design, construct, furnish and equip an early childhood a t m m 21 development center building at western New Mexico university in d r e 22 Silver City in Grant county;
and (11) to the board of regents of western New Mexico university, nine million dollars ($9,000,000) to plan, design, construct, furnish and equip an early childhood development center building at western New Mexico university in Silver City in Grant county;
and c e s k 23 D.
and D.
for public safety radio communications e a n b 24 improvements, to the department of information technology, ten u [ million dollars ($10,000,000) to plan, design, purchase, .227348.1 - 28 - install and implement related infrastructure to stabilize and modernize public safety radio communications systems statewide.
for public safety radio communications improvements, to the department of information technology, ten million dollars ($10,000,000) to plan, design, purchase, install and implement related infrastructure to stabilize and modernize public safety radio communications systems statewide.
No bonds shall be issued or sold under that act until the registered voters of this state have voted upon and approved the bonds and property tax as provided in this section.
No bonds shall be issued or sold under that act until the registered voters of this state have voted upon and approved the bonds and HB 308/ec Page 29 property tax as provided in this section.
e t 17 (1) "The 2024 Capital Projects General w l n d 18 Obligation Bond Act authorizes the issuance and sale of senior = = 19 a l citizen facility improvement, construction and equipment i a e r 20 acquisition bonds.
(1) "The 2024 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvement, construction and equipment acquisition bonds.
Shall the state be authorized to issue a t m m 21 general obligation bonds in an amount not to exceed thirty d r e 22 million seven hundred fifty-eight thousand one hundred dollars c e s k 23 ($30,758,100) to make capital expenditures for certain senior e a n b 24 citizen facility improvement, construction and equipment u [ acquisition projects and provide for a general property tax .227348.1 - 29 - imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
Shall the state be authorized to issue general obligation bonds in an amount not to exceed thirty million seven hundred fifty-eight thousand one hundred dollars ($30,758,100) to make capital expenditures for certain senior citizen facility improvement, construction and equipment acquisition projects and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
Shall the state be authorized to issue general obligation bonds in an amount not to exceed nineteen million three hundred five thousand dollars ($19,305,000) to make capital expenditures for academic, public school, tribal and public library resource acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
Shall the state be authorized to issue general obligation bonds in an amount not to exceed nineteen million three hundred five thousand dollars ($19,305,000) to make capital expenditures for academic, HB 308/ec Page 30 public school, tribal and public library resource acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
e t 17 (3) "The 2024 Capital Projects General w l n d 18 Obligation Bond Act authorizes the issuance and sale of higher = = 19 a l education, special schools and tribal schools capital i a e r 20 improvement and acquisition bonds.
(3) "The 2024 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvement and acquisition bonds.
Shall the state be a t m m 21 authorized to issue general obligation bonds in an amount not d r e 22 to exceed two hundred thirty million two hundred fifty-eight c e s k 23 thousand four hundred dollars ($230,258,400) to make capital e a n b 24 expenditures for certain higher education, special schools and u [ tribal schools capital improvements and acquisitions and .227348.1 - 30 - provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
Shall the state be authorized to issue general obligation bonds in an amount not to exceed two hundred thirty million two hundred fifty-eight thousand four hundred dollars ($230,258,400) to make capital expenditures for certain higher education, special schools and tribal schools capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________";
Shall the state be authorized to issue general obligation bonds in an amount not to exceed ten million two hundred ninety-seven thousand one hundred dollars ($10,297,100) to make capital expenditures for public safety radio communications systems stabilization and modernization and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds e t 17 and the collection of the tax as permitted by law? w l n d 18 For________________ Against___________________".
Shall the state be authorized to issue general obligation bonds in an HB 308/ec Page 31 amount not to exceed ten million two hundred ninety-seven thousand one hundred dollars ($10,297,100) to make capital expenditures for public safety radio communications systems stabilization and modernization and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law? For________________ Against___________________".
= = 19 a l C.
C.
Each question set forth in this section includes i a e r 20 a specific work or object to be financed by the bonds.
Each question set forth in this section includes a specific work or object to be financed by the bonds.
If any a t m m 21 such question is not approved by a majority vote of the d r e 22 electorate at the state's 2024 general election, the issuance c e s k 23 of bonds for the work or object specified by the question shall e a n b 24 be excluded from and shall not be part of the 2024 Capital u [ Projects General Obligation Bond Act.
If any such question is not approved by a majority vote of the electorate at the state's 2024 general election, the issuance of bonds for the work or object specified by the question shall be excluded from and shall not be part of the 2024 Capital Projects General Obligation Bond Act.
The failure of a .227348.1 - 31 - question to be approved by the electorate at the 2024 general election shall not affect those questions that are approved at the election.
The failure of a question to be approved by the electorate at the 2024 general election shall not affect those questions that are approved at the election.
The secretary of state shall cause the 2024 Capital Projects General Obligation Bond Act to be published in full in at least one newspaper in each county of the state if one be published therein, once each week, for four successive weeks next preceding the general election as required by the constitution of New Mexico.
The secretary of state shall cause the 2024 Capital Projects General Obligation Bond Act to be published in full in at least one HB 308/ec Page 32 newspaper in each county of the state if one be published therein, once each week, for four successive weeks next preceding the general election as required by the constitution of New Mexico.
ART IN PUBLIC PLACES.--Pursuant to Section 13-4A-4 NMSA 1978 and where applicable, the appropriations authorized in the 2024 Capital Projects General Obligation Bond e t 17 Act include money for the art in public places fund.
ART IN PUBLIC PLACES.--Pursuant to Section 13-4A-4 NMSA 1978 and where applicable, the appropriations authorized in the 2024 Capital Projects General Obligation Bond Act include money for the art in public places fund.
w l n d 18 SECTION 13.
SECTION 13.
PROJECT SCOPE--EXPENDITURES--REVERSION.-- = = 19 a l A.
PROJECT SCOPE--EXPENDITURES--REVERSION.-- A.
If an appropriation for a project authorized in i a e r 20 the 2024 Capital Projects General Obligation Bond Act is not a t m m 21 sufficient to complete all the purposes specified, the d r e 22 appropriation may be expended for any portion of the purposes c e s k 23 specified in the appropriation.
If an appropriation for a project authorized in the 2024 Capital Projects General Obligation Bond Act is not sufficient to complete all the purposes specified, the appropriation may be expended for any portion of the purposes specified in the appropriation.
Expenditures shall not be made e a n b 24 for purposes other than those specified in the appropriation.
Expenditures shall not be made for purposes other than those specified in the appropriation.
u [ B.
B.
The state agencies and state institutions to .227348.1 - 32 - which money has been appropriated in the 2024 Capital Projects General Obligation Bond Act shall be responsible for monitoring the projects funded in that act to ensure compliance with the constitution and laws of New Mexico and shall cause to be reverted any unexpended or unencumbered balance remaining at the earlier of the third full fiscal year after issuance of the bonds or the termination or completion of the specific project.
The state agencies and state institutions to which money has been appropriated in the 2024 Capital Projects General Obligation Bond Act shall be responsible for monitoring the projects funded in that act to ensure compliance with the constitution and laws of New Mexico and shall cause to be reverted any unexpended or unencumbered balance remaining at the earlier of the third full fiscal year after issuance of the bonds or the termination or completion of the specific project.
Reverted funds shall be deposited in the debt service fund established by the state treasurer for the purpose of paying the principal of and interest on the state's general obligation bonds.
Reverted funds shall be HB 308/ec Page 33 deposited in the debt service fund established by the state treasurer for the purpose of paying the principal of and interest on the state's general obligation bonds.
EMERGENCY.--It is necessary for the public e t 17 peace, health and safety that this act take effect immediately.
EMERGENCY.--It is necessary for the public peace, health and safety that this act take effect immediately.
w l n d 18 - 33 - = = 19 a l i a e r 20 a t m m 21 d r e 22 c e s k 23 e a n b 24 u [ .227348.1
HB 308/ec Page 34 25
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Action History

  1. Signed

  2. passed Senate

  3. DO PASS committee report adopted

  4. Sent to Senate Finance Committee

  5. passed House

  6. DO PASS committee report adopted

  7. Sent to House Taxation & Revenue Committee

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 111 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (111)

111 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Frequently asked questions

Who sponsors HB 308?
HB 308 is sponsored by Derrick J. Lente (Democrat).
What is the current status of HB 308?
This bill has been enacted into law. Introduced January 31, 2024. Enacted.
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