NEW SCHOOL OF MEDICINE FACILITY

SB 6 appropriates $546.6 million from New Mexico's general fund to the University of New Mexico's board of regents for constructing, equipping, and furnishing a new School of Medicine facility. The funds are allocated for fiscal years 2027 through 2030, with any unspent balance reverting to the general fund by 2030. This bill directly affects the University of New Mexico by enabling the physical development of its medical school infrastructure. It is a funding measure, not a policy change, and specifies concrete financial and timeline details for the construction project.