SB 83 appropriates $1.937 million from the general fund to the University of New Mexico's Accelerating Resilience Innovations in Drylands Institute for fiscal year 2027. The funding supports ecological monitoring of New Mexico's air, land, and water; develops an AI-powered statewide network to predict ecosystem vulnerabilities (including fire risk); creates resilience strategies for sustainable resource management; continues K-12 STEM education partnerships; and enhances tribal research collaboration. This bill directly affects the University of New Mexico, its research partners, K-12 schools, and tribal communities through these specific programs. The funding is limited to 2027, with unspent balances reverting to the general fund.
HB 246 appropriates $62 million from the state general fund over fiscal years 2027-2029 to provide matching state funds for political subdivisions (like counties or municipalities) that have received federal approval to acquire and rehabilitate floodplain land. The bill directly affects local governments seeking to address flood risks by restoring floodplain areas to their natural state, reducing threats to life, safety, and public infrastructure. Key provisions require state matching funds to be used only for land already approved for federal assistance, with unspent funds reverting to the general fund by 2029. This policy change enables local flood risk mitigation projects through combined federal-state funding.
SB 119 creates a $5 million state fund to help demolish deteriorated or condemned residential properties in New Mexico. It provides grants to counties and municipalities for demolishing such properties and allows property owners to apply for reimbursement if their home is in a blighted area under redevelopment or if repair costs significantly exceed demolition costs. The fund, administered by the state Department of Finance and Administration, will operate through rules to be finalized by December 2026. Unspent funds will carry forward annually, with the first $5 million appropriated for fiscal year 2027.
HB 97 appropriates $165,000 from the general fund to New Mexico's Department of Health for fiscal year 2027 to prevent shaken baby syndrome and abusive head trauma. The funding will update prevention training materials, require all hospitals and birthing centers statewide to implement educational programs, and establish statewide reporting for abusive head trauma cases. This bill directly affects healthcare facilities and the Department of Health, which will administer the programs. Unspent funds at year-end will revert to the general fund.
HB 24 creates a program offering home purchase loans to licensed healthcare professionals in New Mexico, including nurses, doctors, dentists, therapists, and social workers. The New Mexico Mortgage Finance Authority will provide loans covering up to 10% of a home’s purchase price to qualified professionals who agree to practice in the state for 10 years at 75% or more of full-time employment. A lien on the home remains for 10 years, and early departure requires repayment of 100% (first 5 years), 50% (5-7 years), or 25% (7-10 years) of the loan amount. The program is funded by a $5 million appropriation from the general fund for fiscal years 2026-2027.
HB 205 creates a Career Technical Externship Program within New Mexico's Workforce Solutions Department to provide professional development for public school career-technical teachers and public community college faculty. The program pairs educators with industry professionals in high-demand fields to enhance their technical skills and understanding of current workforce standards. It allocates $250,000 from the general fund for fiscal year 2027 to implement the program, with unspent funds reverting to the general fund. The bill requires collaboration between Workforce Solutions, the Public Education Department, and community colleges to design the program and application process. The bill is currently pending review by the House Education and Appropriations & Finance Committees.
SB 116 removes the $30,000 annual limit on the income tax exemption for uniformed services retirement pay in New Mexico. It directly affects New Mexico residents who are uniformed services retirees (including military, Coast Guard, Public Health Service, NOAA Corps, or National Guard members) or their surviving spouses. The bill changes the law so that all retirement pay from these services qualifies for the tax exemption, rather than only the first $30,000. This exemption applies to taxable years beginning January 1, 2027.
This bill appropriates $15 million from the state general fund to the Interstate Stream Commission for riverfront forest (bosque) management projects in the middle Rio Grande valley. The funds will cover planning, implementing, and maintaining these projects during fiscal years 2027 and 2028. Any unspent balance by the end of 2028 must revert to the general fund. The bill directly affects the commission and communities relying on the Rio Grande valley's ecological and recreational resources.
HB 232 creates a one-time $1,000 tax credit for New Mexico taxpayers who purchase certified secure gun storage (such as safes, lock boxes, or gun cases) starting in 2026. To qualify, buyers must obtain certification from the Public Safety Department confirming the storage meets safety standards, and the total annual credits are capped at $500,000. Taxpayers can claim the credit within one year of purchase to reduce their state income tax bill, with unused portions refunded. The credit applies only to individual taxpayers purchasing new storage devices for personal firearm storage, not to businesses or dependents.
HB 76 appropriates $10 million from the general fund to the New Mexico Health Care Authority for fiscal years 2027-2029 to fund alternative placements for youth in state custody. The bill directs funding toward developing services like residential treatment centers, crisis response teams, specialized foster care, and outpatient programs, aiming to replace group living (congregate care) with more tailored support. It directly affects youth in state custody - particularly older youth and those with higher needs - and the service providers who will deliver these alternatives. The funding expires in 2029, with unused balances reverting to the general fund.
