---
type: "Bill"
title: "PUBLIC PROJECT REVOLVING FUND APPROPS."
description: "PUBLIC PROJECT REVOLVING FUND APPROPS."
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2023"
identifier: "HB 298"
citation: "New Mexico HB 298 (2023)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC"]
status: "enacted"
primary_sponsors: ["Castellano, Ambrose"]
version_count: 3
action_count: 8
vote_count: 0
first_action: "2023-02-02"
last_action: "2023-03-18"
source: "openstates"
source_identifier: "ocd-bill/acafd264-ad2e-4853-a059-5aec9201aa84"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=298&year=23"
source_hash: "5a023c2220f3007282d952ef9949631da33d823e647e608024db9873bea69a39"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico HB 298 (2023) — PUBLIC PROJECT REVOLVING FUND APPROPS.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendments in Context** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/Amendments_In_Context/HB0298.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/final/HB0298.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0298.HTML)

## Sponsors

- Castellano, Ambrose — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-02-02** Sent to House Agriculture, Acequias & Water Resources Committee & House Appropriations & Finance Committee `introduction, referral-committee`
- **2023-02-27** passed House `passage`
- **2023-02-28** Sent to Senate Finance Committee `introduction, referral-committee`
- **2023-02-10** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2023-02-24** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-18** Law Without Signature `executive-signature`
- **2023-03-08** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-09** passed Senate `passage`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/acafd264-ad2e-4853-a059-5aec9201aa84`. Confidence: reported (aggregated from official New Mexico legislature records).