NM HB180

Renames the "federal reimbursement revolving fund" to the "executive order for disasters fund" and authorizes expenditures for natural disasters and states of martial law declared by executive order

Authorizes expenditures from the appropriation contingency fund for non-natural disasters declared by executive order, allowing the governor to provide lodging, shelter, health care, food, or transportation for affected persons

Creates a disaster funding task force composed of the legislative finance committee director, homeland security director, adjutant general, and finance secretary to review provisions and recommend legislation by November 1, 2026

Requires transfers to the natural disaster revolving fund from the appropriation contingency fund in August 2026 and 2027, up to $50 million minus the existing fund balance

Establishes annual reporting requirements by October 1 for each disaster declaration, detailing executive order purpose, affected county, fund balances, expenditure timelines, and contracted entities