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
235
2026 Regular Session
Top supporter
Nathan Small
100% support rate
Top opponent
Stefani Lord
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 Votes
Nathan Small
Nathan Small House · District 36
D
Strong +
100% 21
Art De La Cruz
Art De La Cruz House · District 12
D
Strong +
100% 22
Anita Gonzales
Anita Gonzales House · District 70
D
Strong +
100% 21
Ray Lara
Ray Lara House · District 34
D
Strong +
100% 20
Reena Szczepanski
Reena Szczepanski House · District 47
D
Strong +
100% 22
Stefani Lord
Stefani Lord House · District 22
R
Strong −
0% 17
Randy Pettigrew
Randy Pettigrew House · District 61
R
Strong −
0% 21
Alan Martinez
Alan Martinez House · District 23
R
Strong −
0% 15
John Block
John Block House · District 51
R
Strong −
0% 22
Angelita Mejia
Angelita Mejia House · District 58
R
Strong −
0% 21
Showing 161–170 of 235 bills

All budget & taxes bills

in committee · New Mexico · Senate Mar 24, 2026

SB 181: SUPPORT & TRAINING FOR VARIOUS ALERTS

SB 181 appropriates $1.3 million from the general fund for New Mexico's alert systems, including turquoise (state-specific), amber, brittany, and silver alerts. It funds system modernization ($1 million), two new staff positions (a tribal liaison analyst and an IT developer), and a $250,000 public awareness campaign to build community trust. The bill directly affects law enforcement agencies, tribal communities, and the public by improving coordination and response for missing persons cases. It focuses on funding existing alert protocols without altering their operational structure.
Sub-Topics State Budget
in committee · New Mexico · House Mar 24, 2026

HB 189: CYFD SUPPORT & SERVICES TO LGBTQ+ FAMILIES

HB 189 allocates $200,000 from the general fund to New Mexico's Children, Youth and Families Department (CYFD) for fiscal year 2027. The funding directly supports LGBTQ+ families by providing statewide "family affirmation services" and education/outreach programs to help LGBTQ+ individuals and families consider foster parenting or adoption. Key provisions include creating targeted support services for lesbian, gay, bisexual, transgender, and queer (LGBTQ+) families and expanding outreach to encourage LGBTQ+ participation in foster care and adoption systems. The bill specifies that unspent funds will revert to the general fund by the end of fiscal year 2027. This is a funding measure, not a policy change, focused on resource allocation for CYFD services.
Sub-Topics State Budget
in committee · New Mexico · Senate Mar 24, 2026

SB 149: PROPERTY TAX CODE DEFINITIONS

SB 149 amends New Mexico's Property Tax Code to clarify the definition of "residential property." It explicitly includes manufactured homes used for permanent habitation as residential property, while excluding temporary structures like hotels and motels. This change directly affects manufactured home owners by classifying their properties under residential tax rates instead of potentially higher nonresidential rates. The bill makes a technical adjustment to tax classification rules without creating new taxes or exemptions.
in committee · New Mexico · House Mar 24, 2026

HB 87: SOTERIA MODEL RESIDENTIAL TREATMENT FUNDING

HB 87 appropriates $1 million from the state general fund to the Health Care Authority for fiscal year 2027. The funding is specifically for an organization in Dona Ana County that provides long-term residential treatment using the Soteria model, which serves individuals diagnosed with serious mental illness and psychosis. The bill requires the funds to cover residential treatment services only and mandates that any unspent balance at year-end reverts to the general fund. This is a direct funding mechanism targeting mental health care access in a specific community setting.
in committee · New Mexico · House Mar 24, 2026

HB 221: ARMED FORCES RETIREMENT PAY TAX EXEMPTION

HB 221 removes the $30,000 annual cap on tax exemptions for military retirement pay in New Mexico, making all such income tax-exempt for eligible individuals. It directly affects New Mexico military retirees and their surviving spouses who qualify for lifetime retirement benefits under federal law. The bill amends state tax code to eliminate the previous limitation, meaning retirees no longer face a taxable threshold on their military pay. This change applies to taxable years beginning January 1, 2026, and does not create new benefits but modifies existing tax treatment.
in committee · New Mexico · House Mar 24, 2026

HB 249: ELECTRONIC MEDICAL RECORDS TAX CREDIT

HB 249 creates a New Mexico tax credit for health care practitioners who adopt digital medical records systems. It allows eligible practitioners (like physicians, nurses, and psychologists) to claim a credit equal to their payments for electronic medical records, up to $6,000 per year, if they meet specific requirements: providing at least 1,584 hours of care annually, working at a small health care institution (employing ≤10 practitioners), and maintaining payment records. The credit is non-refundable and cannot be carried forward if it exceeds tax liability, and practitioners cannot claim it if they already use a separate rural health care tax credit. The credit applies to taxable years starting January 1, 2026, through December 31, 2030.
Sub-Topics Tax Credits
signed · New Mexico · House Mar 5, 2026

HB 7: APPRENTICESHIP ASSISTANCE ACT TRANSFERS

HB 7 directs annual transfers from New Mexico's Workforce Development and Apprenticeship Trust Fund to two specific programs: $2.5 million to the Public Works Apprentice and Training Fund and $2.5 million to the Workforce Solutions Department for fiscal year 2026, with amounts reducing to $1.5 million each annually after 2026. These funds support apprenticeship programs under the Apprenticeship Assistance Act, directly aiding job training for workers in public works and other sectors. The bill ensures dedicated funding for workforce development while including a contingency to transfer money to the general fund only if other reserves are exhausted during budget shortfalls.
in committee · New Mexico · Senate Mar 24, 2026

SB 82: UNLEADED AVIATION FUEL GRANT PROGRAM

SB 82 creates a New Mexico state grant program to help publicly owned airports install unleaded aviation fuel systems. The program, funded with $5 million from the general fund, provides competitive grants of up to $200,000 per airport to airports without existing unleaded fuel access. Eligible applicants include publicly owned airports, state political subdivisions, and tribal nations/pueblos. The grant requires installations to use alcohol-free gasoline with lead content under 0.001 grams per gallon, effective July 1, 2026.
Sub-Topics State Budget Airports
in committee · New Mexico · House Feb 3, 2026

HB 3: DEPT. OF TRANSPORTATION ACT OF 2026

This bill (HB 3) is a funding authorization for New Mexico's Department of Transportation (DOT) for fiscal year 2027. It allocates specific budget amounts for highway construction and maintenance ($556 million for design/construction, $321 million for operations), including funding for road projects, bridge inspections, and equipment. The bill includes performance targets, such as maintaining 95% of bridges in fair or better condition and completing 88% of projects on schedule. It directly affects DOT operations and state highway infrastructure management, with no new policy changes - only funding allocation.
passed · New Mexico · Senate Mar 24, 2026

SB 172: TECHNOLOGY READINESS GRT CREDIT

SB 172 extends New Mexico's Technology Readiness Gross Receipts Tax Credit, allowing national laboratories operating in the state to claim tax credits for costs incurred while helping registered New Mexico businesses mature technologies developed at those labs. The credit covers qualified expenses like lab staff salaries, travel, and supplies, up to $150,000 per business annually and with annual limits per laboratory (starting at $2 million in 2026-2027 and rising to $5 million by 2029). To qualify, businesses must be registered in New Mexico and have licensed technology from the lab or participate in a cooperative research agreement with it. National laboratories must submit annual reports detailing program activities, business progress, and economic impact studies to the state tax department.
Showing 161 to 170 of 235 bills
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