NM HB108

Requires soil and water conservation districts to levy taxes upon request of a watershed district located within their boundaries, up to $5.00 per $1,000 of net taxable value of real property

Clarifies that watershed district boards of directors are appointed by the board of supervisors of the soil and water conservation district where the watershed district is located

Establishes that initial director appointments include two members serving two-year terms and three members serving four-year terms, with subsequent appointments for four-year terms

Allows watershed districts spanning multiple soil and water conservation districts to have three additional directors appointed by each minority-land conservation district

Authorizes watershed districts to borrow from the USDA or other federal agencies if loans can be repaid through authorized tax levies approved by the board of supervisors