New Mexico House OKs public-private partnerships for roads, broadband projects (HB286)

More than 35 states allow partnerships in which private entities can bid to help finance and build government-owned facilities.

New Mexico is not yet one of those states. But it could be if a bill that the House of Representatives approved Friday by a vote of 64-0 makes it into law.

House Bill 286, sponsored by five lawmakers from both political parties, would allow any government agency in the state to enter into a long-term agreement with a private entity to finance and build road and broadband infrastructure.