Actions:  STBTC/SFC-STBTC
Scheduled: Not Scheduled
Senate Bill 127 (SB 127) is an act making an appropriation to the department of transportation to construct a high-speed passenger railroad from New Mexico’s southern to northern border.Legislation Overview:
Senate Bill 127 (SB 127) proposes an appropriation of one billion dollars ($1,000,000,000) from the general fund to the department of transportation for a high-speed railroad extending from New Mexico’s southern border to the northern border. The funds will be used from fiscal year 2024 (FY 24) through fiscal year 2028 (FY 28), with unexpended funds reverting to the general fund at the end of FY 28.