Budget & Taxes

in committee · New Mexico · Senate Mar 24, 2026

SB 182: DYED DIESEL GRT DEDUCTION

This bill creates a tax deduction for businesses selling dyed diesel fuel (used for non-highway purposes like farming) instead of the current tax credit system. It allows businesses to reduce their state gross receipts tax bill by the amount of dyed diesel sales, effective July 1, 2026, and requires separate reporting of this deduction. The deduction applies to all dyed diesel sales until July 1, 2031, replacing the existing credit for agricultural use. This change directly affects businesses selling dyed diesel fuel in New Mexico.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax deduction for agricultural businesses, reducing their state gross receipts tax liability instead of tax credit.90% confidence

Sub-Topics Business Taxes Tax Credits

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in committee · New Mexico · Senate Mar 24, 2026

SB 97: TECH "QUALIFIED EXPENDITURE"

SB 97 expands New Mexico's Technology Jobs and Research and Development Tax Credit by including property owned by municipalities or counties for industrial revenue bond projects as eligible "qualified expenditures." This change directly affects tech businesses and research facilities that use such municipal-owned property for their operations, allowing them to claim tax credits for related costs. The bill amends the existing tax credit definition to remove a current exclusion for these specific property expenditures. It does not alter the credit's calculation method or eligibility thresholds for businesses. The policy change aims to broaden access to the tax credit for qualifying tech investments funded through local government bonds.

Topics ✓ Budget & TaxesSupports Budget & TaxesExpands tax credit eligibility for tech businesses, providing tax relief through increased qualified expenditures for municipal-owned property.92% confidence ✓ TechnologySupports TechnologyExpands tax credit for tech businesses using municipal property, providing direct financial incentives to support R&D and operations under technology-focused tax policy.95% confidence

Sub-Topics Business Taxes Debt & Bonds Tax Incentives

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in committee · New Mexico · House Mar 24, 2026

HB 186: TAX CREDIT FOR CONVEYANCE OF PROPERTY

HB 186 increases tax credits for landowners who donate property for conservation or preservation purposes. For donations made on or after July 1, 2026, it raises the credit to 80% of the land's fair market value (up from 50%), with a new $2 million annual cap (up from $250,000). The credit is refundable (meaning taxpayers receive cash if it exceeds their tax bill) and can be transferred in $10,000 increments to other taxpayers. This directly affects landowners donating conservation easements or similar permanent interests to eligible public or private conservation groups, such as those preserving farmland, historic sites, or natural habitats.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases tax credits for conservation donations, providing tax relief through higher 80% credit rate and refundability, directly advancing tax policy objectives.90% confidence ✓ EnvironmentSupports EnvironmentIncreases tax credits for conservation land donations, incentivizing preservation and protecting natural resources through financial incentives for landowners.95% confidence

Sub-Topics Tax Credits Tax Incentives Conservation

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in committee · New Mexico · Senate Mar 24, 2026

SB 185: INCREASE GASOLINE TAX

SB 185 increases New Mexico's gasoline tax from 17 cents to 20 cents per gallon, effective July 1, 2026. This change directly affects all drivers and businesses purchasing gasoline within the state, as the tax applies to every gallon received in New Mexico. The bill amends Section 7-13-3 of the state tax code to update the excise tax rate. The policy change is a straightforward rate adjustment with no additional provisions or exemptions described in the bill text.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly increases gasoline tax rate, directly advancing taxation policy per bill summary and subjects.95% confidence ✓ TransportationSupports TransportationIncreases gasoline tax to fund transportation infrastructure via state tax code amendment, directly generating revenue for road maintenance and development projects.95% confidence

Sub-Topics Procurement Sales Tax Transportation Funding

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in committee · New Mexico · Senate Mar 24, 2026

SB 84: SCHOOL WATER MANAGEMENT PROGRAM

SB 84 creates a two-year pilot program offering a one-credit high school course on water management and conservation, directly affecting participating schools and students in New Mexico. The Public Education Department will develop the curriculum with partners like higher education and tribal nations, select three schools (one from each of three specific county types), and report annually on program effectiveness. The bill appropriates $5 million for fiscal years 2027-2028 to cover curriculum development, teacher salaries, and operational costs, with unspent funds reverting to the general fund. The program aims to provide practical environmental education preparing students for water-related careers.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill appropriates $5 million for a new educational program, directly increasing state spending on public education as part of fiscal management.95% confidence ✓ EducationSupports EducationAppropriates $5M for new high school water management course, expanding curriculum and student programs within public schools per bill summary.95% confidence ✓ EnvironmentSupports EnvironmentCreates mandatory water conservation curriculum in schools, promoting environmental stewardship through education and conservation-focused coursework.90% confidence

Sub-Topics State Budget Curriculum K-12 Education Teachers Conservation

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in committee · New Mexico · House Mar 24, 2026

HB 56: VETERAN BEHAVIORAL HEALTH SERVICES

HB 56 appropriates $1 million from the general fund to New Mexico's Veterans' Services Department for fiscal year 2027. The funding directly assists veterans and their families in identifying and accessing existing behavioral health care services. Key provisions include a one-time allocation with any unspent balance reverting to the general fund by the end of 2027. This bill does not create new services but provides resources to help veterans navigate available care options. It is a funding measure, not a policy change affecting service delivery.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $1M from general fund for veterans' behavioral health navigation services, directly funding a public program under Budget & Taxes.90% confidence ✓ HealthcareSupports HealthcareAllocates $1M for veterans' behavioral health access, enhancing mental health service navigation without creating new services.95% confidence ✓ VeteransSupports VeteransAllocates $1M to fund existing veteran behavioral health services navigation, directly supporting access to care.95% confidence

Sub-Topics State Budget Mental Health Veteran Healthcare Veteran Housing Veteran Mental Health

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in committee · New Mexico · Senate Mar 24, 2026

SB 181: SUPPORT & TRAINING FOR VARIOUS ALERTS

SB 181 appropriates $1.3 million from the general fund for New Mexico's alert systems, including turquoise (state-specific), amber, brittany, and silver alerts. It funds system modernization ($1 million), two new staff positions (a tribal liaison analyst and an IT developer), and a $250,000 public awareness campaign to build community trust. The bill directly affects law enforcement agencies, tribal communities, and the public by improving coordination and response for missing persons cases. It focuses on funding existing alert protocols without altering their operational structure.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $1.3M from general fund for public safety alert systems, funding essential government services per budget & taxes topic description.90% confidence

Sub-Topics State Budget

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in committee · New Mexico · House Mar 24, 2026

HB 189: CYFD SUPPORT & SERVICES TO LGBTQ+ FAMILIES

HB 189 allocates $200,000 from the general fund to New Mexico's Children, Youth and Families Department (CYFD) for fiscal year 2027. The funding directly supports LGBTQ+ families by providing statewide "family affirmation services" and education/outreach programs to help LGBTQ+ individuals and families consider foster parenting or adoption. Key provisions include creating targeted support services for lesbian, gay, bisexual, transgender, and queer (LGBTQ+) families and expanding outreach to encourage LGBTQ+ participation in foster care and adoption systems. The bill specifies that unspent funds will revert to the general fund by the end of fiscal year 2027. This is a funding measure, not a policy change, focused on resource allocation for CYFD services.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $200,000 from general fund for LGBTQ+ family services, directly funding a state program under fiscal management.95% confidence

Sub-Topics State Budget

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in committee · New Mexico · Senate Mar 24, 2026

SB 149: PROPERTY TAX CODE DEFINITIONS

SB 149 amends New Mexico's Property Tax Code to clarify the definition of "residential property." It explicitly includes manufactured homes used for permanent habitation as residential property, while excluding temporary structures like hotels and motels. This change directly affects manufactured home owners by classifying their properties under residential tax rates instead of potentially higher nonresidential rates. The bill makes a technical adjustment to tax classification rules without creating new taxes or exemptions.

Topics ✓ Budget & TaxesSupports Budget & TaxesClarifies tax classification to apply lower residential rates to manufactured homes, providing tax relief for owners by preventing higher nonresidential taxation.95% confidence ✓ HousingSupports HousingClarifies tax classification to apply residential rates to manufactured homes, reducing costs for owners and supporting affordable housing access.95% confidence

Sub-Topics Property Tax Property Taxes

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in committee · New Mexico · House Mar 24, 2026

HB 87: SOTERIA MODEL RESIDENTIAL TREATMENT FUNDING

HB 87 appropriates $1 million from the state general fund to the Health Care Authority for fiscal year 2027. The funding is specifically for an organization in Dona Ana County that provides long-term residential treatment using the Soteria model, which serves individuals diagnosed with serious mental illness and psychosis. The bill requires the funds to cover residential treatment services only and mandates that any unspent balance at year-end reverts to the general fund. This is a direct funding mechanism targeting mental health care access in a specific community setting.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $1M from general fund for mental health treatment program, directly funding public services under budget allocation.95% confidence ✓ HealthcareSupports HealthcareBill allocates $1M for Soteria model mental health residential treatment, directly funding specialized care for serious mental illness per bill summary.95% confidence

Sub-Topics State Budget Mental Health

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