Issue · Budget & Taxes

Budget & Taxes

Every budget & taxes bill, vote, and legislator stance in New Mexico, automatically classified by Maddy, our AI policy reader.

Total bills
16
2026 Regular Session
Top supporter
Anita Gonzales
100% support rate
Top opponent
John Block
0% support rate
Ranked legislators
10
5 support · 5 oppose
Key legislators

Who's moving budget & taxes in New Mexico

Legislators moving budget & taxes in New Mexico
Legislator Party Stance Support rate Decisive votes
Anita Gonzales
Anita Gonzales House · District 70
D
Strong +
100% 12
Art De La Cruz
Art De La Cruz House · District 12
D
Strong +
100% 12
Cristina Parajón
Cristina Parajón House · District 25
D
Strong +
100% 12
Day Hochman-Vigil
Day Hochman-Vigil House · District 15
D
Strong +
100% 12
Debbie Sariñana
Debbie Sariñana House · District 21
D
Strong +
100% 12
John Block
John Block House · District 51
R
Strong −
0% 12
Randy Pettigrew
Randy Pettigrew House · District 61
R
Strong −
0% 12
Angelita Mejia
Angelita Mejia House · District 58
R
Strong −
0% 11
Stefani Lord
Stefani Lord House · District 22
R
Strong −
0% 10
Alan Martinez
Alan Martinez House · District 23
R
Strong −
0% 9
Showing 11–16 of 16 bills

All budget & taxes bills

signed · New Mexico · House Mar 5, 2026

HB 108: WATERSHED DISTRICT TAXES AND DIRECTORS

HB 108 allows watershed districts in New Mexico to request soil and water conservation districts to levy property taxes for district operations. Specifically, watershed districts can ask the local soil conservation district board to impose an annual tax (capped at $5 per $1,000 of property value) to fund administration, construction, and maintenance of watershed projects. This bill clarifies the appointment process for watershed district boards, ensuring representation from soil conservation districts that hold minority land within the watershed area. It directly affects watershed districts, soil conservation districts, and property owners within those districts who may be subject to the requested taxes. The key change is creating a formal mechanism for watershed districts to secure dedicated funding through local property tax levies.
signed · New Mexico · House Mar 4, 2026

HB 64: PUBLIC PROJECT REVOLVING FUND APPROPRIATIONS

HB 64 allocates $13.25 million from New Mexico's Public Project Revolving Fund to three specific state funds for fiscal year 2027 and beyond. It provides $6.25 million to the Drinking Water State Revolving Loan Fund to match federal projects under the Safe Drinking Water Act, $2 million to the Local Government Planning Fund, and $5 million to the Cultural Affairs Facilities Infrastructure Fund for facility upgrades. The bill ensures unspent funds remain with the recipient programs instead of returning to the original revolving fund. This directly supports water infrastructure projects, local government planning initiatives, and cultural facility improvements across the state.
signed · New Mexico · House Mar 4, 2026

HB 154: ADVANCED ENERGY PRODUCT DEFINITION

HB 154 updates the definition of "advanced energy product" for New Mexico's existing tax credit programs. It specifies that qualifying products include solar components (like panels and cells), wind turbine parts, battery materials, fusion machine components, and critical minerals (such as lithium and cobalt). This definition determines eligibility for the Advanced Energy Equipment Income Tax Credit and Corporate Income Tax Credit, which provide tax relief for manufacturers investing in qualifying facilities within New Mexico. The bill directly affects businesses producing these specific energy technologies who seek to claim the tax credits.
signed · New Mexico · House Mar 4, 2026

HB 255: PUBLIC SAFETY WORKFORCE BUILDING PROGRAM

HB 255 creates a dedicated state fund to help counties and public safety agencies recruit and retain workers in law enforcement, firefighting, corrections, and public defender offices. The program provides competitive grants for recruitment bonuses, training, cross-jurisdictional collaboration, and equipment tied to workforce development - *not* for base salaries or new positions. Grant applicants must demonstrate how their initiatives address local staffing gaps, with priority given to areas with high vacancy rates or crime. All funds must be spent within two years, and grantees must submit annual progress reports to the state.
signed · New Mexico · House Feb 25, 2026

HB 253: PUBLIC EDUCATION CHANGES

HB 253 requires New Mexico school districts and charter schools to report projected enrollment numbers for students in distance learning programs. It changes school funding calculations by excluding distance learning students from membership counts used to determine state funding, and establishes a new approval process for these programs requiring state education department review. The bill also sets enrollment limits for distance learning with specific exceptions, clarifies requirements for students with disabilities in such programs, and renames the "Statewide Cyber Academy Act" as the "Distance Learning Act" while updating related definitions. These changes directly affect school districts, charter schools, and students enrolled in distance learning programs.
signed · New Mexico · Senate Feb 2, 2026

SB 19: SCHOOL FINANCE UNIT VALUE RESET

SB 19 adjusts New Mexico's public school funding calculation for fiscal year 2026 by resetting the "unit value" used to determine state education funding. It requires the Secretary of Public Education to adjust this value by February 27, 2026, based on statewide unit counts after consulting with finance departments and legislative committees. This change directly affects all public schools in New Mexico by altering the formula for calculating their state funding allocation for that fiscal year. The bill is a temporary adjustment for FY2026, not a permanent change to the school finance system.
Showing 11 to 16 of 16 bills