HEALTH CARE COVERAGE CHANGES
HB 2 creates a state Health Care Affordability Fund to lower health insurance costs for New Mexicans. It provides premium subsidies for residents purchasing coverage through New Mexico's health insurance exchange (with priority for those earning under 200% of the federal poverty level) and for small businesses. The fund also covers part of premiums for state employees earning $50,000 or less and New Mexico National Guard members. If federal health care laws change to reduce coverage, the fund can maintain access to affordable plans for low-income residents.
Bill status
signed
all 5 stages cleared
Introduction
Oct 2025
Committee Review
Oct 2025
House Passage
Oct 2025
Senate Passage
Oct 2025
Signed into Law
Oct 2025
Introduced Oct 1, 2025
Signed Oct 7, 2025
Maddy AI version diff · 1 comparison
What changed between versions
introduced version
→
Final Version
·
3 edits
MINOR
The bill was reformatted and slightly reorganized but the core policy content remains substantially unchanged. The main substantive change is the addition of a new provision (Section 1, Subsection C) that allows the Health Care Affordability Fund to be used to maintain coverage through the health insurance exchange if federal programs like the ACA are repealed, invalidated, or altered in ways that reduce access to coverage. This provision prioritizes residents with incomes below 200% of the federal poverty level.
Scope change
The bill's scope remains focused on health care coverage affordability in New Mexico, with no significant expansion or contraction of its applicability.
ELIGIBILITY
Added a new provision allowing the Health Care Affordability Fund to be used to maintain coverage through the New Mexico health insurance exchange if federal programs are repealed or altered, with priority given to residents earning below 200% of the federal poverty level.
TECHNICAL
The bill underwent formatting changes including renumbering of sections and lines, removal of bracketed deletion markers, and reorganization of text layout, but these are primarily technical/formatting changes rather than substantive policy modifications.
DEFINITION
Minor text adjustments to section headers and numbering, with the core definitions of the Health Care Affordability Fund and its purposes remaining consistent with the original version.
Floor votes · Senate Mar 19, 2025 · House Feb 24, 2025
How they voted
22–16
Passed · 2 other
Total votes 40
Mar 19, 2025
D
Democratic24
91% Yea
R
Republican16
87% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
9
Key actions
7
Committee
2
Oct 7, 2025
Signed into law
Signed
executive
Oct 2, 2025
Upper · Passed
DO PASS committee report adopted
upper
Oct 2, 2025
Upper · Passed
passed Senate
upper
Oct 2, 2025
Introduced
Sent to Senate Health and Public Affairs Committee
upper
Oct 1, 2025
Lower · Passed
DO PASS committee report adopted
lower
Oct 1, 2025
Introduced
Sent to House Health & Human Services Committee
lower
Oct 1, 2025
Lower · Passed
passed House
lower
Mar 19, 2025
Senate · Passed
Senate Vote: pass (22-16-2)
senate
Feb 24, 2025
House · Passed
House Vote: pass (47-18-1)
house
5 primary · 0 co-sponsors
Sponsors
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