The New Mexico Senate Finance Committee convened on March 16, 2025, to discuss critical funding measures aimed at wildfire mitigation and recovery efforts. A significant focus of the meeting was the progress of various bills designed to enhance the state's preparedness for wildfires and improve post-fire recovery.

One of the key pieces of legislation discussed was Senate Bill 33, known as the Wildfire Prepared Act. This bill aims to establish a wildfire preparedness fund, which is currently under consideration in the House after passing through the Senate. The bill emphasizes home hardening and mitigation strategies to prevent future fire damage. Additionally, Senate Joint Memorial 1 was highlighted, which focuses on forest restoration and cleanup, aiming to revitalize local economies affected by wildfires.

Committee members expressed the importance of collaboration with local governments and agencies to ensure effective implementation of these measures. Representative Vincent Harlan has been actively involved in coordinating efforts to rebuild areas like Ruidoso, emphasizing the need for close cooperation with city and county governments.

The discussion also touched on the establishment of a training program for wood grading through House Bill 553, which would allow New Mexico lumber to be utilized for residential construction, provided it meets quality standards. This initiative is part of a broader strategy to enhance local resources and support economic development in the wake of wildfire damage.

Concerns were raised regarding the relationship with FEMA and the reimbursement process for emergency funds. Committee members acknowledged the complexities involved in working with federal agencies and the ongoing dialogue about FEMA's future role in disaster recovery.

The meeting concluded with a recognition of the extensive work required to address wildfire risks and the need for a strategic approach to prioritize funding and resources effectively. The committee is looking forward to reviewing House Bill 2, which will outline a special appropriation for wildfire risk mapping, a crucial step in planning and executing mitigation projects across the state.