Maddy summaryHB 27 expands New Mexico's Technology Jobs and Research & Development Tax Credit by broadening the definition of "qualified expenditure" to include property owned by municipalities or counties for industrial revenue bond projects. This change directly affects technology companies and research facilities in New Mexico that qualify for the credit, allowing them to claim tax credits for costs related to local government-owned facilities used in qualifying R&D activities. The bill modifies existing tax code definitions to include these previously excluded property costs, without altering the credit's base eligibility criteria or calculation method. The amendment applies to businesses meeting standard requirements under the Technology Jobs and R&D Tax Credit Act, such as conducting qualified research in New Mexico facilities.
Sponsored bills
Maddy summarySB 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.
Maddy summarySB 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.
Maddy summarySB 152 establishes a new Low-Income Telecommunications Assistance Program in New Mexico, replacing the previous "Low Income Telephone Service Assistance Act." The program directly affects low-income residents who qualify for telecom service assistance, waiving specific fees including the 911 emergency surcharge and telecommunications relay service surcharge. Key provisions include restructuring the existing broadband program, setting budget caps for the state rural universal service fund, and requiring regular reporting on program administration. The bill repeals the outdated Low Income Telephone Service Assistance Act to streamline eligibility and funding under the new framework.
Maddy summaryHB 270 requires employers working on most New Mexico public works construction projects to contribute to apprenticeship or training programs, or to the Public Works Apprentice and Training Fund administered by the Workforce Solutions Department. The bill sets a zero contribution rate for trades without approved apprenticeship programs (such as certain street, highway, or utility projects), ensuring employers aren't required to pay if no local program exists. It amends existing law to clarify administration, compliance verification, and penalty enforcement for these contributions. The law takes effect July 1, 2026, directly affecting public works contractors and the state's workforce development system.
Maddy summaryHB 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.
Maddy summarySB 132 expands New Mexico's Department of Information Technology (DOIT) funding mechanisms to include software replacement costs alongside hardware. It amends existing law to rename "Equipment Replacement Revolving Funds" as "Equipment and Software Replacement Revolving Funds," requiring DOIT to create separate plans for both hardware and software replacement for its enterprise services. The bill establishes that funds must be replenished through revenue from services (based on cost structures) and cannot expire at year-end, ensuring dedicated capital for replacing both physical equipment and associated software used across state agencies. This change directly affects DOIT's operations and the state's IT infrastructure funding, shifting the focus from purely equipment to encompassing software lifecycle management.
Maddy summaryThis memorial requests the creation of a work group to study the Public Employees Retirement Association (PERA) fund's solvency, focusing on factors affecting retiree benefits and cost-of-living adjustments (COLAs). It directly affects approximately 30,000 New Mexico public retirees whose pensions have not kept pace with inflation since 2020 changes suspended COLAs and altered adjustment formulas. The work group will examine PERA's unfunded liability causes - such as investment underperformance and salary increases - evaluate COLA formulas tied to inflation, and recommend improvements to fund solvency without harming retiree benefits. The group, composed of finance experts and retirees, must report by December 2026. (Note: This is a procedural memorial requesting a study, not a policy change.)
Maddy summaryThis bill expands New Mexico's Rural Health Care Delivery Fund to provide grants to rural health care providers and facilities in high-need geographic areas with health professional shortages. It directly affects eligible rural providers (licensed in counties under 100,000 population or designated shortage areas) that serve Medicaid recipients and face operating losses for new or expanded services. Key provisions allow grants covering operating losses (not construction), require Medicaid provider status, mandate financial accountability through verified cost data, and prioritize services addressing critical community health needs. The bill appropriates $50 million from the general fund for fiscal year 2027 and subsequent years, with unspent funds not reverting to the general fund.
Maddy summaryThis bill (SJR 9) proposes amending New Mexico's constitution to create an independent commission that would redraw state legislative district boundaries after each federal census. The commission would consist of nine members: three each from the two largest political parties and three unaffiliated members reflecting New Mexico's demographics. It would be required to follow non-dilution rules for minority voting rights and explicitly cannot consider incumbents' addresses or party voting history when drawing districts. If approved by voters, this commission would replace the legislature in creating redistricting plans, aiming to reduce partisan influence in the process.