GENERAL APPROPRIATION ACT OF 2025
SB 442 is New Mexico's 2025-2026 state budget bill that allocates funding to state agencies for fiscal year 2026. It establishes procedures for distributing general fund money, requires unspent balances to revert to the general fund by October 1 each year, and mandates the budget division to monitor agency revenues against projections. The bill defines key budget terms like "general fund" and "internal service funds" but does not create new policies or programs. It applies to all state agencies receiving state funds for FY2026.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2025
Last action Jun 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
Feb 18, 2025
Introduced
Sent to Senate Finance Committee
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
GM
George Muñoz
DDemocratic
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