Actions: [2] SCC/SHPAC/SFC-SCC-germane-SHPAC [6] DP-SFC
Scheduled: Not Scheduled
Senate Bill 188 (SB 188) removes the match requirement for regional councils of planning and development districts to receive grants from the Department of Finance and Administration.Legislation Overview:
The ‘Conditions of Grants-In-Aid’ Section (Section 4-58-6 NMSA 1978) is amended to delete the language requiring matching funds, and to explicitly state that “a regional council of a planning and development district shall not be required to obtain matching funds as a condition of receiving a grant-in-aid from the Department of Finance and Administration."Current Law:
Currently, regional councils of planning and development districts must provide, at minimum, a dollar-for-dollar matching fund in order to qualify for grants from the Department of Finance and Administration. If the bill does not pass, this will remain the status quo.