HB 305

                                1  HOUSE BILL 305
                                2     57TH LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 2026
                                3  INTRODUCED BY
                                4  Patricia Roybal Caballero
                                5
                                6
                                7
                                8
                                9
                                10  AN ACT
                                11   MAKING AN APPROPRIATION TO THE BOARD OF REGENTS OF THE
                                12   UNIVERSITY OF NEW MEXICO FOR THE BUREAU OF BUSINESS AND
                                13   ECONOMIC RESEARCH TO CONDUCT A STUDY TO DETERMINE THE GENERAL
                                14   FEASIBILITY OF CREATING A PUBLICLY OWNED ELECTRIC UTILITY.
                                15
                                16   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
[bracketed material] = delete
                                17        SECTION 1.   APPROPRIATION.--One hundred fifty thousand
underscored material = new
                                18   dollars ($150,000) is appropriated from the general fund to the
                                19   board of regents of the university of New Mexico for
                                20   expenditure in fiscal year 2027 for the bureau of business and
                                21   economic research to study the general feasibility of state
                                22   acquisition and operation of an electric utility for the
                                23   purpose of creating a publicly owned electric utility.     Any
                                24   unexpended balance remaining at the end of fiscal year 2027
                                25   shall revert to the general fund.
                                     .233616.1