On Mar. 9, New Mexico Governor Michelle Lujan Grisham (D) signed House Bill 153 (HB 153), a bond package passed by the legislature in February. The bond package authorizes the state to issue a total of $259,722,000 in general obligation bonds.
The bond package will appear as three separate ballot questions in November. The ballot questions will ask voters to approve the following amounts:
- $24,470,000 in bonds for senior citizen facility improvements;
- $215,986,000 in bonds for improvements to higher education, special public schools, and tribal schools; and
- $19,266,000 in bonds for public library improvements.