Issue · Budget & Taxes

Budget & Taxes

Every budget & taxes bill, vote, and legislator stance in New Mexico, automatically classified by Maddy, our AI policy reader.

Total bills
24
2026 Regular Session
Top supporter
Nathan Small
100% support rate
Top opponent
Stefani Lord
0% support rate
Ranked legislators
10
5 support · 5 oppose
Key legislators

Who's moving budget & taxes in New Mexico

Legislators moving budget & taxes in New Mexico
Legislator Party Stance Support rate Votes
Nathan Small
Nathan Small House · District 36
D
Strong +
100% 21
Art De La Cruz
Art De La Cruz House · District 12
D
Strong +
100% 22
Anita Gonzales
Anita Gonzales House · District 70
D
Strong +
100% 21
Ray Lara
Ray Lara House · District 34
D
Strong +
100% 20
Reena Szczepanski
Reena Szczepanski House · District 47
D
Strong +
100% 22
Stefani Lord
Stefani Lord House · District 22
R
Strong −
0% 17
Randy Pettigrew
Randy Pettigrew House · District 61
R
Strong −
0% 21
Alan Martinez
Alan Martinez House · District 23
R
Strong −
0% 15
John Block
John Block House · District 51
R
Strong −
0% 22
Angelita Mejia
Angelita Mejia House · District 58
R
Strong −
0% 21
Showing 21–24 of 24 bills

All budget & taxes bills

signed · New Mexico · House Feb 25, 2026

HB 253: PUBLIC EDUCATION CHANGES

HB 253 requires New Mexico school districts and charter schools to report projected enrollment numbers for students in distance learning programs. It changes school funding calculations by excluding distance learning students from membership counts used to determine state funding, and establishes a new approval process for these programs requiring state education department review. The bill also sets enrollment limits for distance learning with specific exceptions, clarifies requirements for students with disabilities in such programs, and renames the "Statewide Cyber Academy Act" as the "Distance Learning Act" while updating related definitions. These changes directly affect school districts, charter schools, and students enrolled in distance learning programs.
signed · New Mexico · Senate Feb 7, 2026

SB 2: STATE HIGHWAY PROJECT BONDS

SB 2 increases funding for New Mexico's highway projects by raising fees on vehicle registrations and commercial truck taxes. It raises weight-distance tax rates for commercial trucks (affecting freight companies), increases standard passenger vehicle registration fees, and adds new annual fees for electric vehicles ($70-$90) and plug-in hybrids ($35-$45) starting in 2027. All new revenue from these changes goes directly to the State Road Fund to support highway improvements. The bill specifically targets commercial truck operators, all vehicle owners, and electric vehicle owners, with fee amounts varying by vehicle type and registration year.
in committee · New Mexico · House Feb 3, 2026

HB 3: DEPT. OF TRANSPORTATION ACT OF 2026

This bill (HB 3) is a funding authorization for New Mexico's Department of Transportation (DOT) for fiscal year 2027. It allocates specific budget amounts for highway construction and maintenance ($556 million for design/construction, $321 million for operations), including funding for road projects, bridge inspections, and equipment. The bill includes performance targets, such as maintaining 95% of bridges in fair or better condition and completing 88% of projects on schedule. It directly affects DOT operations and state highway infrastructure management, with no new policy changes - only funding allocation.
signed · New Mexico · Senate Feb 2, 2026

SB 19: SCHOOL FINANCE UNIT VALUE RESET

SB 19 adjusts New Mexico's public school funding calculation for fiscal year 2026 by resetting the "unit value" used to determine state education funding. It requires the Secretary of Public Education to adjust this value by February 27, 2026, based on statewide unit counts after consulting with finance departments and legislative committees. This change directly affects all public schools in New Mexico by altering the formula for calculating their state funding allocation for that fiscal year. The bill is a temporary adjustment for FY2026, not a permanent change to the school finance system.
Showing 21 to 24 of 24 bills