Legislation Detail
S 59 STUDY NM HIGH SPEED RAILROAD
Actions: SPREF [1] STBTC/SFC-STBTC [8] DP-SFC
Scheduled: Not Scheduled
Senate Bill 59 (SB 59) is an act making an appropriation to the department of transportation to study the feasibility of constructing a high-speed passenger railroad in New Mexico.Legislation Overview:
Senate Bill 59 (SB 59) proposes the appropriation of five hundred thousand dollars ($500,000) from the general fund to the department of transportation, for expenditure in fiscal year 2024 (FY 24), to study the feasibility of a high-speed passenger railroad in New Mexico. Unexpended balance at the end of FY 24 will revert to the general fund.