SB 374 (Jaramillo, Campos, Gonzales) is scheduled to be heard in the Senate Indian, Rural & Cultural Affairs Committee (SIRC) on February 25, 2025, 10am in Room 303. You can also participate via zoom following instructions on the SIRC Agenda.
SB 374 will create a Land Grant-Merced Fund and an Acequia Infrastructure fund by earmarking 2.2 percent of the severance tax bond capacity to fund qualifying Land Grant-Merced and Acequia infrastructure projects.
If passed, this bill would be a historic step forward in addressing the needs of land grant and acequia communities. Land grants can invest in critically needed projects and acequias can repair and improve irrigation infrastructure. Currently, acequia infrastructure projects have an unmet need of over $75 million. The creation of this funding mechanism will help to maintain our traditional ways of life in New Mexico and strengthen our rural economies.
IT IS CRITICAL FOR YOUR VOICE TO BE HEARD. Please take action by signing this letter to the Senate Indian, Rural & Cultural Affairs Committee. ENTER YOUR CONTACT INFORMATION ON THE RIGHT SIDE - THEN CLICK 'START WRITING'! | 
