Governor Michelle Lujan Grisham is expected to sign Senate Bill 6 aimed at Hermits Peak-Calf Canyon Fire recovery funds. The signing will take place Monday in Santa Fe.
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The bill sets aside $100 million for no-interest loans to counties and towns struggling to rebuild infrastructure after last year’s wildfire and the flooding that followed in the burn scar.
SB 6 also has an emergency clause. This means it will take effect 60 days after the governor signs it.