HB 178 would allocate $3 million from the state general fund to the New Mexico Department of Health to construct shade structures in rural public parks and recreation areas. The bill directs the Department to prioritize sites with inadequate existing shade, high ultraviolet radiation exposure risk, and cost-effective project plans. Unspent funds at year-end would carry forward to future years instead of reverting to the general fund. This policy directly affects rural communities by reducing sun exposure risks in public outdoor spaces used by residents.
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.
HB 82 extends New Mexico's Technology Readiness Gross Receipts Tax Credit through 2035, allowing national laboratories operating in the state to claim tax credits for helping local businesses mature technologies developed at those labs. The credit covers qualified costs like lab staff wages, travel, and supplies, up to $150,000 per business annually and $5 million total per laboratory per year. To qualify, businesses must be registered in New Mexico, have licensed technology from a lab or be in a research partnership, and receive assistance not otherwise available at reasonable cost. This directly affects New Mexico's national laboratories (e.g., Los Alamos, Sandia) and qualifying businesses collaborating with them on technology development.
SB 118 increases the price limits for New Mexico's back-to-school tax holiday, allowing families to buy more items tax-free during the annual sales period. It raises the clothing price limit from $100 to $150 (excluding athletic wear and accessories) and the computer limit from $1,000 to $1,500 (including associated items up to $750). The bill affects shoppers purchasing qualifying school supplies, clothing, and computers between July 1 and the following Sunday. The changes take effect July 1, 2026, and apply to all eligible items sold during the designated tax holiday window.
This bill creates a tax deduction for businesses selling dyed diesel fuel (used for non-highway purposes like farming) instead of the current tax credit system. It allows businesses to reduce their state gross receipts tax bill by the amount of dyed diesel sales, effective July 1, 2026, and requires separate reporting of this deduction. The deduction applies to all dyed diesel sales until July 1, 2031, replacing the existing credit for agricultural use. This change directly affects businesses selling dyed diesel fuel in New Mexico.
SB 97 expands New Mexico's Technology Jobs and Research and Development Tax Credit by including property owned by municipalities or counties for industrial revenue bond projects as eligible "qualified expenditures." This change directly affects tech businesses and research facilities that use such municipal-owned property for their operations, allowing them to claim tax credits for related costs. The bill amends the existing tax credit definition to remove a current exclusion for these specific property expenditures. It does not alter the credit's calculation method or eligibility thresholds for businesses. The policy change aims to broaden access to the tax credit for qualifying tech investments funded through local government bonds.
HB 186 increases tax credits for landowners who donate property for conservation or preservation purposes. For donations made on or after July 1, 2026, it raises the credit to 80% of the land's fair market value (up from 50%), with a new $2 million annual cap (up from $250,000). The credit is refundable (meaning taxpayers receive cash if it exceeds their tax bill) and can be transferred in $10,000 increments to other taxpayers. This directly affects landowners donating conservation easements or similar permanent interests to eligible public or private conservation groups, such as those preserving farmland, historic sites, or natural habitats.
SB 185 increases New Mexico's gasoline tax from 17 cents to 20 cents per gallon, effective July 1, 2026. This change directly affects all drivers and businesses purchasing gasoline within the state, as the tax applies to every gallon received in New Mexico. The bill amends Section 7-13-3 of the state tax code to update the excise tax rate. The policy change is a straightforward rate adjustment with no additional provisions or exemptions described in the bill text.
SB 84 creates a two-year pilot program offering a one-credit high school course on water management and conservation, directly affecting participating schools and students in New Mexico. The Public Education Department will develop the curriculum with partners like higher education and tribal nations, select three schools (one from each of three specific county types), and report annually on program effectiveness. The bill appropriates $5 million for fiscal years 2027-2028 to cover curriculum development, teacher salaries, and operational costs, with unspent funds reverting to the general fund. The program aims to provide practical environmental education preparing students for water-related careers.
HB 56 appropriates $1 million from the general fund to New Mexico's Veterans' Services Department for fiscal year 2027. The funding directly assists veterans and their families in identifying and accessing existing behavioral health care services. Key provisions include a one-time allocation with any unspent balance reverting to the general fund by the end of 2027. This bill does not create new services but provides resources to help veterans navigate available care options. It is a funding measure, not a policy change affecting service delivery.
