MEDICAID TRUST FUND

SB 9 authorizes a $1 billion transfer from New Mexico's general fund to the Medicaid Trust Fund for fiscal year 2027. This funding directly supports the state's Medicaid program, which provides healthcare coverage to low-income residents, including children, seniors, and people with disabilities. The bill establishes a specific financial mechanism to replenish the Medicaid Trust Fund, ensuring stable funding for healthcare services without altering eligibility rules or program structure. It does not create new benefits or change how Medicaid operates, only providing a dedicated funding source. The transfer is scheduled for implementation in the 2027 fiscal year.