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Governor enacts comprehensive flood recovery and EMS legislation 

Mar 31, 2025 | Press Releases

SANTA FE – New Mexico Gov. Michelle Lujan Grisham signed two pieces of legislation on Friday, March 28, addressing municipal flood recovery and emergency medical services funding.

Senate Bill 383, which contains an emergency clause making it effective immediately, allows municipalities to issue flood recovery revenue bonds to rebuild, repair, replace and harden municipal property damaged by floods. The legislation creates a municipal flood recovery gross receipts tax to finance these bonds.

Senate Bill 197 authorizes the state treasurer to redirect money from the Emergency Medical Services Fund to the New Mexico Finance Authority for loans to purchase equipment for emergency medical services system improvement projects.

“These bills provide critical tools for our municipalities to recover from devastating floods and strengthen our emergency medical services across the state,” said Gov. Lujan Grisham.

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The Office of Governor Michelle Lujan Grisham is located on the fourth floor of the New Mexico State Capitol in Room 400.

Address:
490 Old Santa Fe Trail Room 400
Santa Fe, NM 87501

Phone: (505) 476-2200
Toll free: (833) 520-0020

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