HB 2 New Mexico House · 2026 Regular Session

GENERAL APPROPRIATION ACT OF 2026

HB 2, the General Appropriation Act of 2026, allocates funding for New Mexico's state government operations during fiscal year 2027. It directs $55 million from the general fund to legislative agencies and $496 million from the general fund to the judiciary, with additional amounts from other funding sources. The bill requires unspent funds at year-end to automatically return to the general fund by October 1, 2026 and 2027, and establishes accounting rules for tracking revenue and expenditures. This bill affects all state agencies by setting their budget allocations and spending rules for the 2027 fiscal year.
Bill status signed all 5 stages cleared
Introduction
Jan 2026
Committee Review
Feb 2026
House Passage
Feb 2026
Senate Passage
Feb 2026
Signed into Law
Mar 2026
Introduced Jan 20, 2026 Signed Mar 11, 2026
Maddy AI version diff · 1 comparison

What changed between versions

introduced version AF substitute · 10 edits
MAJOR
The bill was amended from an introduced version to a House Appropriations and Finance Committee substitute, primarily changing the title and reorganizing the structure to align with standard appropriations bill formatting. The substantive content remains focused on making general appropriations for state agencies for fiscal year 2027, with detailed funding allocations across judicial, executive, and administrative agencies. The changes are largely technical and formatting-related rather than substantive policy shifts.
Scope change
The bill's scope remains unchanged as a general appropriations act for fiscal year 2027, covering state agencies and their required expenditures. The amendment primarily affects document structure and title rather than the agencies or programs covered.
TECHNICAL

The bill title was changed from 'HOUSE BILL 2' to 'untitled' in the header, then restored as 'HOUSE APPROPRIATIONS AND FINANCE COMMITTEE SUBSTITUTE FOR HOUSE BILLS 2 AND 3' to reflect committee action.

Page numbering and formatting were reorganized throughout the document, with line numbers removed and content restructured to match standard legislative formatting conventions.

DEFINITION

Definitions section was reorganized with clearer formatting, though the actual definitions of terms like 'agency,' 'efficiency,' 'explanatory,' and other key terms remained substantively unchanged.

REQUIREMENT

New provisions were added requiring the state budget division to monitor revenue from sources other than the general fund and reduce operating budgets of agencies whose revenue does not meet projections.

Added requirement for the department of finance and administration to consult with legislative finance committee staff to compare revenue collections with estimates and present deficit reduction plans if needed.

New provision allows agencies to request budget increases from the state budget division when their revenue from various sources exceeds specifically appropriated amounts.

Added restriction prohibiting use of appropriations for agency-issued credit card invoices, with limited exceptions for gasoline, telephone, and procurement cards.

New accounting requirement mandates following modified accrual basis of accounting for governmental funds in accordance with department of finance and administration guidelines.

Added provision ensuring appropriations include sufficient funds for agencies to make payments of unused sick leave pursuant to existing state law.

FISCAL

Funding allocations for various agencies were updated with new dollar amounts across multiple categories including judicial districts, district attorneys, and administrative offices, reflecting committee adjustments to budget figures.

Floor votes · Senate Feb 16, 2026 · House Feb 4, 2026

How they voted

2016
Passed · 2 other
Total votes 38
Feb 16, 2026
D Democratic22
20 Yea 2
90% Yea
R Republican16
16 Nay
100% Nay
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
8
Key actions
6
Committee
2
Mar 11, 2026
Signed into law
Signed
executive
Feb 18, 2026
Executive · Passed
House concurred in Senate amendments
executive
Feb 16, 2026
Upper · Passed
passed Senate
upper
Feb 15, 2026
Upper · Passed
DO PASS, as amended, committee report adopted
upper
Feb 5, 2026
Introduced
Sent to Senate Finance Committee
upper
Feb 4, 2026
Lower · Passed
passed House
lower
Feb 3, 2026
Lower · Passed
DO NOT PASS, replaced with committee substitute
lower
Jan 20, 2026
Introduced
Sent to House Appropriations & Finance Committee
lower
2 primary · 0 co-sponsors

Sponsors