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Appropriations and Finance

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Legislation

Recent bills · 5

died · New Mexico · House Mar 24, 2026

HB 149: CHARTER SCHOOLS & NMFA

HB 149 expands access to facility financing for New Mexico charter schools by amending the New Mexico Finance Authority Act. It allows the state finance authority to provide loans from the Charter School Facility Revolving Fund to nonprofit foundations or support organizations affiliated with charter schools - previously limited to schools themselves. The bill also requires charter schools to receive the maximum available grant from the Public School Capital Outlay Fund for lease assistance and caps their local contribution to capital projects at 10%. These changes directly affect charter schools and their affiliated nonprofit groups by improving their ability to secure funding for facility construction, renovation, or lease-purchase agreements.
Joy Garratt (D) Kristina Ortez (D) Wonda Johnson (D) Bill Sharer (R)
in committee · New Mexico · House Mar 24, 2026

HB 133: GENERAL APPROPRIATION ACT OF 2026

HB 133, the General Appropriation Act of 2026, allocates state funds for fiscal year 2027 to all New Mexico state agencies, departments, and programs. It establishes rules for managing these funds, including requiring unspent balances from fiscal year 2026 or 2027 to revert to the general fund unless otherwise specified. The bill also defines key budget terms like "general fund" and "internal service funds" to standardize financial reporting across state agencies. As a procedural budget bill, it focuses on funding mechanisms rather than policy changes affecting citizens.
Nathan Small (D) Meredith Dixon (D)
passed · New Mexico · Senate Mar 24, 2026

SB 274: PUBLIC PEACE, HEALTH, SAFETY & WELFARE

SB 274 is a legislative bill introduced in the New Mexico Senate in 2026 that addresses public peace, health, safety, and welfare. The bill was referred to Senate committees, declared germane, and then replaced with a committee substitute before its action was postponed indefinitely. As a procedural measure currently under review, it does not yet contain specific policy provisions or direct impacts on the public. The bill remains in the committee stage with no enacted changes at this time.
George Muñoz (D)
signed · New Mexico · Senate Mar 11, 2026

SB 273: PUBLIC PEACE, HEALTH, SAFETY & WELFARE

This bill, introduced by five New Mexico state senators, is currently in the legislative process but no specific policy changes or provisions are detailed in the provided text. The bill relates to public peace, health, safety, and welfare, but the actual content of the legislation has not been included in the information given. Without access to the full bill text, it is impossible to describe what specific actions the bill would take or which groups it would directly affect. The summary cannot be completed as the necessary details about the bill's mechanisms and provisions are missing from the provided information.
George Muñoz (D) Angel Charley (D) Rex Wilson (R) Jim Townsend (R)
signed · New Mexico · Senate Mar 10, 2026

SB 241: CHILD CARE ASSISTANCE PROGRAM ACT

SB 241 creates a state-run child care assistance program administered by New Mexico's Early Childhood Education and Care Department. It provides funding to licensed child care facilities for eligible children under 13 (or under 19 if disabled or under court supervision), primarily benefiting low-income families where parents or guardians are employed, in school, homeless, or participating in approved programs like job training. Eligibility requires household income below 600% of the federal poverty level, with income documentation and proof of New Mexico residency. The program excludes children enrolled in Head Start, early pre-K, or pre-K programs during those hours, and allows temporary eligibility for up to 90 days while seeking employment.