SANTA FE — Gov. Michelle Lujan Grisham signed HB 177 NM Match Fund into law Wednesday.
The legislation, sponsored by Rep. Dixon (HD-20), Rep. Armstrong (HD-49), Rep. Herrera (HD-41), Sen. Campos (SD-8), and Sen. Woods (SD-7), will deliver critical resources to more than 2,800 entities statewide and help New Mexico compete with other states vying for historic federal funding made possible by the Inflation Reduction Act and Infrastructure Investment and Jobs Act.
In response, Conservation Voters New Mexico (CVNM) Climate & Energy Director Samantha Kao issued the following statement:
“It’s not every session that you see legislation this impactful, with near unanimous bipartisan support, get signed into law. The NM Match Fund will help unlock millions in once-in-a-generation federal funding to meet the needs of new and existing projects around the state, including renewable energy and electric vehicle charging infrastructure, benefitting our communities in a multitude of ways.
“The Fund sends the message that New Mexico is poised to maximize federal dollars for a clean energy transition. The $75 million appropriated for the fund in the state’s budget is a major milestone in helping thousands of state and local agencies compete for and take advantage of unprecedented funding at the federal level. We applaud the Governor for signing HB 177 into law and for her ongoing support of this groundbreaking legislation. We also express thanks to the many legislators, including Rep. Dixon, Rep. Armstrong, Rep. Herrera, Senator Campos, and Senator Woods, who championed this policy during the session.”
