GENERAL APPROPRIATION ACT OF 2026

SB 228, the General Appropriation Act of 2026, allocates funding for New Mexico's state government operations during fiscal year 2027. It provides budgets for all state agencies, sets rules for spending (including requiring unspent funds to revert to the general fund by October 1 each year), and establishes accounting standards for tracking revenue and expenditures. This bill directly affects all state agencies by determining their operating budgets and how they manage financial resources under the state's fiscal framework.