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
242
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 101–110 of 242 bills

All budget & taxes bills

in committee · New Mexico · House Mar 24, 2026

HB 198: BEHAVIORAL HEALTH & FIRST RESPONDER TRAINING

HB 198 appropriates $2 million from the general fund to the New Mexico Department of Health for fiscal year 2027 to provide behavioral health treatment and training specifically to first responders (such as police, firefighters, and EMTs). The bill directly affects first responders by funding mental health resources and specialized training, with unspent funds reverting to the general fund by year-end. This is a funding measure, not a policy change, focusing solely on allocating state resources for existing training programs.
Sub-Topics State Budget Policing Mental Health Tags Public Safety
in committee · New Mexico · Senate Mar 24, 2026

SB 81: PRIMARY CARE CAPITAL FUNDING ACT

SB 81 allocates $25 million from the general fund to the New Mexico Finance Authority for primary care capital projects, such as facility construction or equipment upgrades. This funding directly supports primary care facilities (like clinics and community health centers) across New Mexico by providing capital resources. The bill specifies that unspent funds from this allocation will not return to the general fund at year-end, ensuring continued availability for future projects. The appropriation is set for fiscal year 2027 and subsequent years, enabling long-term planning for primary care infrastructure needs.
in committee · New Mexico · Senate Mar 24, 2026

SB 60: TAX CHANGES

SB 60 reduces tax rates for businesses on income, gross receipts, and gaming devices while increasing the bingo and raffle tax. It repeals nine tax laws - including the estate tax, gasoline tax, and railroad tax - and removes authorization for tax increment funding for redevelopment projects. The bill adds a gross receipts tax exemption for donations to nonprofits and imposes new registration fees for electric vehicles. These changes primarily affect businesses, nonprofits, and local governments managing tax revenues.
in committee · New Mexico · House Mar 24, 2026

HB 29: MILITARY BASE IMPACT FUNDING

HB 29 appropriates $8 million from New Mexico's general fund to the Military Base Impact Fund for fiscal year 2027 and future years. This funding directly supports military bases in New Mexico by providing dedicated financial resources to address impacts from military operations. The bill ensures any unspent funds at year-end remain in the fund rather than reverting to the general budget. It establishes a permanent funding stream to help communities near military installations manage related costs.
Sub-Topics State Budget
in committee · New Mexico · Senate Mar 24, 2026

SB 169: COST-OF-LIVING FOR SOME RETIREES

SB 169 provides a temporary cost-of-living adjustment (COLA) of 1.68% annually for certain retired New Mexico public employees starting July 1, 2026, covering fiscal years 2027 and 2028. This applies to normal retirees over age 65 with at least two years of retirement, disability retirees, and eligible survivor beneficiaries. Additionally, the bill includes a higher 2.5% COLA for specific subgroups: retirees with 25+ years of service and pensions under $25,000, disability retirees in that pension bracket, and retirees who turned 75 before 2020. The $10 million appropriation from the state general fund covers these adjustments, with unspent funds remaining in the retirement system.
in committee · New Mexico · House Mar 24, 2026

HB 114: EXPAND DOUBLE UP FOOD BUCKS PGM

HB 114 appropriates $1 million from the general fund to expand New Mexico's Double Up Food Bucks program for fiscal year 2027. The bill directly helps SNAP participants by doubling their purchasing power for meat, nuts, eggs, and fresh fruits/vegetables at New Mexico farmers' markets. It requires the Board of Regents of New Mexico State University to manage the funds, with any unspent balance reverting to the general fund by year-end. This concrete funding increase aims to increase access to fresh, healthy food for low-income residents at local farmers' markets.
in committee · New Mexico · Senate Mar 24, 2026

SB 198: LAS VEGAS ENDANGERED SPECIES HATCHERY

SB 198 appropriates $10 million from the general fund to New Mexico's Department of Game and Fish for designing, planning, and constructing an aquatic endangered species hatchery and rearing station in Las Vegas during fiscal year 2027. The bill directly affects the Department of Game and Fish, which will use the funds to build this facility for protecting endangered aquatic species. Any unspent money by the end of fiscal year 2027 must revert to the general fund. This is a funding bill with no policy changes beyond authorizing the construction project.
Sub-Topics State Budget Wildlife
signed · New Mexico · House Mar 4, 2026

HB 154: ADVANCED ENERGY PRODUCT DEFINITION

HB 154 updates the definition of "advanced energy product" for New Mexico's existing tax credit programs. It specifies that qualifying products include solar components (like panels and cells), wind turbine parts, battery materials, fusion machine components, and critical minerals (such as lithium and cobalt). This definition determines eligibility for the Advanced Energy Equipment Income Tax Credit and Corporate Income Tax Credit, which provide tax relief for manufacturers investing in qualifying facilities within New Mexico. The bill directly affects businesses producing these specific energy technologies who seek to claim the tax credits.
signed · New Mexico · Senate Mar 6, 2026

SB 152: LOW-INCOME TELECOMM. ASSISTANCE PROGRAM

SB 152 establishes a new Low-Income Telecommunications Assistance Program in New Mexico, replacing the previous "Low Income Telephone Service Assistance Act." The program directly affects low-income residents who qualify for telecom service assistance, waiving specific fees including the 911 emergency surcharge and telecommunications relay service surcharge. Key provisions include restructuring the existing broadband program, setting budget caps for the state rural universal service fund, and requiring regular reporting on program administration. The bill repeals the outdated Low Income Telephone Service Assistance Act to streamline eligibility and funding under the new framework.
in committee · New Mexico · Senate Mar 24, 2026

SB 194: LUNA COLLEGE BASEBALL FIELD

SB 194 allocates $5 million from the state general fund to the Higher Education Department for a new softball and baseball field at Luna Community College, to be spent in fiscal year 2027. Any unspent funds at year-end will revert to the general fund. The bill directly affects Luna Community College by funding a specific athletic facility and the Higher Education Department as the administering agency. This is a straightforward funding measure with no policy changes beyond the appropriation.
Showing 101 to 110 of 242 bills
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