HB 265 New Mexico House · 2025 Regular Session

CREATIVE INDUSTRIES FUND

HB 265 allocates $4 million from New Mexico's general fund to the Creative Industries Fund for grants supporting creative businesses and organizations (e.g., artists, filmmakers, musicians). The funds, designated for fiscal year 2026 and beyond, will be administered by the Economic Development Department's creative industries division. Unspent funds will roll over to future years instead of reverting to the general fund, ensuring continued support for the sector.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 4, 2025 Last action Jun 3, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Mar 4, 2025
Lower · Passed
DO PASS committee report adopted
lower
Feb 4, 2025
Introduced
Sent to House Rural Development, Land Grants and Cultural Affairs Committee & House Appropriations & Finance Committee
lower
3 primary · 0 co-sponsors

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