[1st-mile-nm] Public Private Partnership Act Passes House By Vote Of 63-2
Richard Lowenberg
rl at 1st-mile.org
Tue Feb 15 10:20:51 PST 2022
FEBRUARY 8, 2022
https://losalamosreporter.com/2022/02/08/public-private-partnership-act-passes-house-by-vote-of-63-2/
LOS ALAMOS REPORTER
Public-Private Partnership Act Passes House By Vote Of 63-2
HOUSE DEMOCRATS NEWS RELEASE
HB 55, the Public-Private Partnership (P3) Act, which would permit
public and private institutions to partner to improve broadband and
transportation infrastructure in New Mexico, passed the House today by a
vote of 63 to 2.
A key provision of President Biden’s Infrastructure Act, public agencies
and private investors in P3s share responsibility for financing,
building, and maintaining infrastructure projects. P3s have been used to
build infrastructure across America including highways, water treatment
systems, courthouses, and arenas, creating and securing local jobs along
the way. In New Mexico these partnerships will expand rural access to
broadband, and make crucial infrastructure upgrades, including repairs
to our bridges and highways.
“We have a tremendous opportunity to make infrastructure improvements
all across New Mexico,” said Representative Joy Garratt (D-Albuquerque).
“This will help us bring overdue infrastructure and broadband updates to
the communities that need them most.”
HB 55 is sponsored by Representatives Garratt, Patricia A. Lundstrom (D-
Gallup), Cathrynn N. Brown (R-Carlsbad), Jane E. Powdrell-Culbert
(R-Albuquerque), and Senator Roberto “Bobby” J. Gonzales (D-Taos).
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Richard Lowenberg, Executive Director
1st-Mile Institute 505-603-5200
Box 8001, Santa Fe, NM 87504,
rl at 1st-mile.org www.1st-mile.org
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