[{"_1":2,"_111":-5,"_112":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87,99],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},"mediaId",6027578,"mediaKeyId","5721430-1bbfee046c0b6d7eec41530ffa4d7aaa","parentId",5721430,"title","Committee expands and approves list of projects for New Mexico Finance Authority public project revolving loan fund","audioSeconds",0,"startMs",1576000,"endMs","viewUrl","/Search/View?dp=1&key=5721430-1bbfee046c0b6d7eec41530ffa4d7aaa&start=1576&end=1576","thumbnailUrl","https://assets.pipeline.soar.com/5721430-1bbfee046c0b6d7eec41530ffa4d7aaa/thumbnail_1576000.jpg","articleUrl","/articles/6027578/New-Mexico/Committee-expands-and-approves-list-of-projects-for-New-Mexico-Finance-Authority-public-project-revolving-loan-fund","mediaUrl","https://secure.pipeline.soar.com/6027578-8cc503db77bb8789e83c0ebeda61c175/orig.mp4?Expires=1770504152&Signature=Og-2F423dMtYRLdqAhC7My8ykNcNyUhhtDmE6YE4xvTC3DfMYv8Os485~C9xKIz0VaPw3nRyc0zJFJgYqiBD2mnbdxWVMHel6z0B~jXHbZ2N38RDv4H5USbOre6PMKISIjapdwEObkGmQYfq0EZzEtIWGUyVId7UcleGyTvSGeJE-8~avIoinWH7ytyDCEKdXUVY4EfJyRSfYe3Z~o4rZyQo04Popv8sI0BP6eBZnzPukhxnQ~Y6a61SoqSbcB1v9rqS8vDPnXMKwlJN~xRIfEbFJJ73rGupMMaE45v8IAP3GOxmxXmC27TtEJRyVNZAWBKDF6iS7jDAjlo7S3riSQ__&Key-Pair-Id=KUT5TJCACFTXG","author","New Mexico Legislature","date","2025-02-22T00:00:00Z","article","Senator Steinberg presented Senate Bill 115 to authorize projects under the New Mexico Finance Authority’s Public Project Revolving Loan Fund (PPRF). The bill as introduced authorized 154 projects; the committee adopted an amendment that expanded seven projects and added 45 additional projects that applied after the initial round closed.

Markita Russell of NMFA explained the amendment added projects that came forward after the initial application cut‑off in mid‑October, increasing the total number of authorized projects. Committee members adopted the amendment without objection and then moved the bill forward; the committee recorded a do‑pass recommendation by roll call and the clerk announced a 7–0 do‑pass result.

What’s next: with the committee’s recommendation the bill will be printed and sent to the floor. If passed by the Legislature, the authorized projects may proceed with borrowing under NMFA’s PPRF program subject to NMFA processes and available financing.","mediaType","Video","parentTitle","Senate - Finance - Feb 22, 2025 (Room 322) ","oneSentenceSummary","Senate Bill 115, authorizing projects to borrow through the NMFA Public Project Revolving Loan Fund (PPRF), was amended to add dozens of projects and received a committee do-pass recommendation (recorded 7–0).","taxTitle","Finance, Senate, Committees, Legislative, New Mexico","taxId",65311,"location","New Mexico","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_46":81,"_48":82,"_50":83,"_52":84,"_54":55,"_56":57,"_58":85,"_60":61,"_62":63,"_64":86,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},6027582,"Senate committee advances bill to repay veterinarians’ student loans through work‑for‑service program",272,1364000,1636000,"/Search/View?dp=1&key=5721430-1bbfee046c0b6d7eec41530ffa4d7aaa&start=1364&end=1636","https://assets.pipeline.soar.com/5721430-1bbfee046c0b6d7eec41530ffa4d7aaa/thumbnail_1364000.jpg","/articles/6027582/New-Mexico/Senate-committee-advances-bill-to-repay-veterinarians-student-loans-through-workforservice-program","https://secure.pipeline.soar.com/6027582-86d706948d97436e6881404bf83e4625/orig.mp4?Expires=1770504152&Signature=ghNErXiOnKhCiuwLF2bw0uzKVobQa8y8HOTi5Gs1y~w1UgLpwpQsxWaa5Ln9fzqlOG0dzeBRFYk1szKXniT5qnQ8sYsgOmVbiEczC-gkbC~udnvYxftApU27fbdL~cRD78yVLuQoJcVeQbv2Xba9EsXLvoa5ezzCggB7NWGIXYOfYTDfS~aIlPRui5KQ1vD6pKKgiBYejCtvlkF96AR44C8eT1RTpuum-8W8zvSoULRWRAEH4njJQXYWmqowyGkdjDn7r4Q732J~ARy~6LwzWFeMsbZUGCPYs8vXp4xTPnRo5a39umPcKmCdklFPLn7dJalJ9NFYJJf-rwMVVKEitQ__&Key-Pair-Id=KUT5TJCACFTXG","Senator Woods presented a bill intended to attract veterinarians to the state by providing loan‑repayment tied to years of service in underserved areas. The Senate Finance Committee adopted an amendment to strike the appropriation and then gave the bill a do-pass recommendation.

Under the program described by Woods, the repayment schedule would provide $15,000 after the first year of qualifying service (paid to the creditor), $25,000 for each of the next two years, and total roughly $80,000 after four years of service. The payments are made to the loan creditor and are contingent on completion of each year of service.

John Winslow, extension veterinarian with New Mexico State University, and Mia Candelaria from the New Mexico Higher Education Department joined the presentation to answer technical and financial questions.

Senators considered and adopted an amendment to strike the bill’s appropriation. The committee then voted on a do‑pass motion (moved by Senator Trio and seconded as recorded). The clerk announced a do‑pass recommendation; the committee’s recorded result was announced as 7–0 in favor.

What’s next: with the do‑pass recommendation the bill proceeds for printing and referral to the full Senate; because the committee removed the appropriation in the amendment, implementation funding would need to be addressed later in the budget or by a subsequent appropriation.","Committee approved a measure that would repay portions of veterinary student debt over a four‑year service period; the amendment removed the appropriation and the committee issued a do-pass recommendation (recorded as 7–0).",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_46":93,"_48":94,"_50":95,"_52":96,"_54":55,"_56":57,"_58":97,"_60":61,"_62":63,"_64":98,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},6027587,"Senate committee gives do-pass to bill expanding childcare loan fund; allows contract‑for‑service repayment",215,1155000,1370000,"/Search/View?dp=1&key=5721430-1bbfee046c0b6d7eec41530ffa4d7aaa&start=1155&end=1370","https://assets.pipeline.soar.com/5721430-1bbfee046c0b6d7eec41530ffa4d7aaa/thumbnail_1155000.jpg","/articles/6027587/New-Mexico/Senate-committee-gives-do-pass-to-bill-expanding-childcare-loan-fund-allows-contractforservice-repayment","https://secure.pipeline.soar.com/6027587-4c068c019ebb3d81d02aec09105745fb/orig.mp4?Expires=1770504152&Signature=cwS3i6QYaaJByjohyB5kkXjsMwYIaYKekTSiidpHWrocRgEZs3e7Epf9NXymNdxjFB4cJ18cJoGIoMkXEwGd~TLPzdEbKbPJZi4ss8wVtL2Et5takBsCyyQJ4F9i3vV-DD4G01hXvk2Zc8bYQaEQCWsM~NSO61xP4CvQ0hedQh-C1uWBsfDPJP0DIOtjLDhxKTu6Nr4KJ0qaQr-wFUrSsIS2fv3Zdhk9nIa4BiskHMyWdt13UELghhBcgNqj1w7su6WGmeR74J6GsU098PyM6g9nxsSMB-GXbAmCbpxQsL21QDCPaO1b18q7Sk0dDYsdlITle~Uc~IymElIdCE7jTw__&Key-Pair-Id=KUT5TJCACFTXG","Senator (presenter) introduced Senate Bill 175 to expand the Childcare Evolving Loan Fund and allow loan repayment on a contract-for-service basis for qualifying providers, and the Senate Finance Committee voted to give the bill a do-pass recommendation.

Senator Bregman (presenting) told the committee the fund, housed at the New Mexico Finance Authority (NMFA), was created in 2003, has been funded twice (in 2005 and last year with $1,750,000), and that the governor’s request and the Legislative Finance Committee (LFC) budget include a $10,000,000 appropriation expected to appear in HB 2. SB175 would allow loans from the fund to be repaid as contracts for services if providers meet eligibility criteria such as being located in a childcare desert or offering nontraditional hours; it would also expand eligibility to permit employers to offer childcare services for employees through loans.

Markita Russell (NMFA) was present as a technical resource. The bill’s sponsor said access to capital is the principal barrier for many providers and that the change would make the loan product more usable for expansion and nontraditional providers.

The committee recorded a motion for a do-pass recommendation, moved by Senator Treehild and seconded by Senator Steinborn, and proceeded with a roll call that recorded affirmative votes from committee members present. The committee clerk announced the bill had a do-pass recommendation and would be printed and sent to the floor when appropriate.

What’s next: the bill’s sponsorship materials indicate the LFC and governor’s office expect an appropriation in HB 2; with the committee’s do-pass recommendation, the measure moves toward floor consideration and any appropriation decisions within the larger budget process.","Senate committee voted to give a do-pass recommendation to SB175, which would expand uses of the Childcare Evolving Loan Fund at the New Mexico Finance Authority and permit loans to be repaid via contracts for services for qualifying providers.",{"_33":100,"_35":36,"_37":38,"_39":101,"_41":102,"_43":103,"_45":104,"_46":105,"_48":106,"_50":107,"_52":108,"_54":55,"_56":57,"_58":109,"_60":61,"_62":63,"_64":110,"_66":67,"_68":69,"_70":71,"_72":73,"_74":73},6027592,"Secretary of State tells Senate Finance office faces persistent operating shortfalls, rising cyber costs after federal support wanes",414,937000,1351000,"/Search/View?dp=1&key=5721430-1bbfee046c0b6d7eec41530ffa4d7aaa&start=937&end=1351","https://assets.pipeline.soar.com/5721430-1bbfee046c0b6d7eec41530ffa4d7aaa/thumbnail_937000.jpg","/articles/6027592/New-Mexico/Secretary-of-State-tells-Senate-Finance-office-faces-persistent-operating-shortfalls-rising-cyber-costs-after-federal-support-wanes","https://secure.pipeline.soar.com/6027592-e22b7705e56deebf9eb438ca390bcac2/orig.mp4?Expires=1770504152&Signature=GCuSoFKm3gVqNcwBOW7zy34v34qbLo9cF8JhCDiGKqoKQHwir94qjkYgrqAd44diwqZg1Tz0mfyKzbA4WEd1VmYeUA9FgNpJ~xLzo9wHOA5UBm8sTu2v3zgxAdoxbCa4q-puY5xp5mcT20zbaO8nZRSFUOksNexkRU5zS7xOWEp1I8nLKhfPxIJEb133mxz-5PTXQLUdSKIyw97OuoLQaXl2GrXId7d0CPV7GGGVLQdQyqLGGVk8f0UfFwH~fw4UuT25lBOIgyJ5YpcgGWMs56SeXox28QA4SMwObon5CF4PvTctPO6NTYHwyC3OcHpenNbINobNAbEdFBfZQIo17A__&Key-Pair-Id=KUT5TJCACFTXG","Secretary of State Maggie Toulouse Oliver told the Senate Finance Committee she is asking for the panel’s help to shore up the office’s base budget after federal election support is waning and the state removed direct election costs from the FY26 operating base.

Toulouse Oliver told the committee the office’s FY26 general fund base request is $12,900,000 and that the first fiscal year without direct election costs in the base creates a “woefully short” operating position. She said one position now funded by Help America Vote Act (HAVA) federal grants needs to be preserved in the base because the office does not expect continued federal election program funds.

Why it matters: the office holds sensitive voter records and relies on federal cybersecurity services that appear to be ending, the secretary said. The Cybersecurity and Infrastructure Security Agency (CISA) provided routine penetration testing and “Albert” sensors that detect unusual activity; Toulouse Oliver said those services were effectively frozen and she expects the office to take on the cost or find replacements.

Toulouse Oliver said the office had “absorbed additional costs of ownership” for new IT systems and that, even with improvements in HB 2, the office still faces about a $500,000 shortfall in personnel and “45–43%” deficiencies in contractual and other program categories. Justin O’Shea, the office’s chief financial officer, told the committee staff are still quantifying how much it will cost to replace CISA services and estimated the additional expense could be “several hundred thousands of dollars” rather than the roughly $10,000 the office has paid annually for some security services.

On reimbursements to counties, Toulouse Oliver said the office recently received funds through the Office of Payment Reconciliation to the Department of Finance and Administration (DFA) and plans to submit a budget adjustment request (BAR) to move those dollars into the secretary’s budget so counties that fronted election costs can be reimbursed promptly. She said five counties had not yet been reimbursed and that the office received the funds on the Tuesday before the hearing and was “working on that process to get those counties paid immediately.”

The secretary also raised concerns about an announced office move. She said her staff were not consulted about relocation plans, that the committee had allocated $100,000 for moving expenses without consulting her office, and that the office must remain proximate to the governor and legislative offices because the department receives physical documents that are signed, stamped and scanned in person.

Committee members asked for more detail. Senator Hava asked for clarification on HAVA funding (Help America Vote Act) and how much the office needs to maintain cybersecurity services if federal supports disappear. The secretary and her CFO said they will follow up with quantified estimates “as soon as possible” so the committee can consider the costs in the budget process.

The secretary closed by asking for the committee’s help to avoid recurring one-time requests and to preserve positions and security services essential to protecting voter information.

Toulouse Oliver and staff indicated they will return with more precise cost estimates and the office will submit a BAR to move reimbursements for counties into the secretary’s operating budget.","Secretary of State Maggie Toulouse Oliver asked the Senate Finance Committee for help filling recurring operating gaps, warned that federal HAVA and CISA supports are ending and said the office faces a roughly $500,000 personnel shortfall and major contractual deficiencies.","actionData","errors"]

Article not found

Committee expands and approves list of projects for New Mexico Finance Authority public project revolving loan fund

Senate committee advances bill to repay veterinarians’ student loans through work‑for‑service program

Senate committee gives do-pass to bill expanding childcare loan fund; allows contract‑for‑service repayment

Secretary of State tells Senate Finance office faces persistent operating shortfalls, rising cyber costs after federal support wanes