HB 19 New Mexico House · 2025 Regular Session

TRADE PORTS DEVELOPMENT ACT

HB 19, the Trade Ports Development Act, creates a framework for developing trade ports in New Mexico to improve cargo movement and supply chain efficiency. It establishes criteria for designating "trade port districts" (requiring proximity to highways, railroads, airports, and economic benefits for disadvantaged communities) and sets standards for approving projects (like cost-effectiveness, environmental impact, and workforce development). The bill authorizes grants and loans from a new state fund, allows public-private partnerships between government and businesses, and directs existing tax revenue (including motor vehicle excise tax distributions) toward these projects. It directly affects local communities, businesses, and state agencies like the Economic Development Department, aiming to boost regional economic growth through infrastructure development.

Bill status signed all 5 stages cleared

Introduction

Jan 2025

Committee Review

Mar 2025

House Passage

Mar 2025

Senate Passage

Mar 2025

Signed into Law

Apr 2025

Introduced Jan 7, 2025 Signed Apr 9, 2025

Maddy AI version diff · 2 comparisons

What changed between versions

TR substitute → Final Version · 5 edits

MODERATE

The bill was reorganized and streamlined from a committee substitute to a final version, consolidating definitions and criteria for trade port districts and projects. The changes clarify the legal framework for designating trade port districts and approving projects by establishing specific eligibility criteria and defining key terms more precisely.

Scope change

The bill's scope remains focused on economic development through trade ports, but the final version provides clearer definitions and more structured criteria for district designation and project approval compared to the committee draft.

TECHNICAL

Removed committee markup symbols and reorganized line numbering to reflect final legislative format

DEFINITION

Added clear definitions for 'private partner', 'public partner', 'public-private partnership', and 'public-private partnership agreement'

REQUIREMENT

Established 13 specific criteria for designating trade port districts, including proximity to transportation infrastructure, labor pool availability, and economic impact on disadvantaged communities

Added 5 criteria for approving trade port projects, including compliance with infrastructure planning, cost-effectiveness, environmental impact, and technological feasibility

ELIGIBILITY

Refined eligibility criteria to include specific thresholds such as unemployment rates higher than New Mexico state average and poverty rates greater than state average

Floor votes · Senate Mar 22, 2025 · House Mar 3, 2025

How they voted

26–9

Passed · 5 other

Total votes 40

Mar 22, 2025

D Democratic24

20 Yea 4

83% Yea

R Republican16

6 Yea 9 Nay 1

56% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Apr 9, 2025

Signed into law

Signed

executive

Mar 22, 2025

Executive · Passed

House concurred in Senate amendments

executive

Mar 22, 2025

Upper · Passed

passed Senate

upper

Mar 22, 2025

Upper · Passed

DO PASS, as amended, committee report adopted

upper

Mar 16, 2025

Upper · Passed

DO PASS, as amended, committee report adopted

upper

Mar 3, 2025

Introduced

Sent to Senate Tax, Business and Transportation Committee & Senate Finance Committee

upper

Mar 3, 2025

Lower · Passed

passed House

lower

Feb 28, 2025

Lower · Passed

DO NOT PASS, replaced with committee substitute

lower

Jan 30, 2025

Lower · Passed

DO PASS, as amended, committee report adopted

lower

Jan 21, 2025

Introduced

Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee

lower

Jan 7, 2025

Introduced

Sent to House Pre-file

lower

5 primary · 0 co-sponsors