New Mexico Bond Measure B (2002)

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New Mexico's Education Bonds or Bond Measure B is a Bond Issue that authorizes the issuance and sale of state public educational capital improvements and acquisitions bonds.

The bond question reads:

Shall the state be authorized to issue general obligation bonds in an amount not to exceed $93,429,707 to make capital expenditures for certain public education, higher education and other educational institutions capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?


The measure passed with yes votes of 58.0% in 2002.

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