Sen. Liz Stefanics

Maddy summarySB 92 creates a tax deduction for businesses selling construction materials and labor used in affordable multifamily housing projects in New Mexico. It directly affects developers and contractors building housing that qualifies as "affordable" (defined as units for households earning ≤80% of the area median income) and sold to qualifying grant recipients under the Affordable Housing Act. The deduction reduces taxable gross receipts for these specific sales until July 1, 2033, and requires the tax cost to be tracked in the state budget. The bill takes effect on July 1, 2026.

Maddy summarySB 108 allocates $2 million from the state general fund to the New Mexico Department of Agriculture (administered through New Mexico State University) to fund a regional farm-to-food bank program. This program connects local farms with food banks across New Mexico, helping redirect surplus produce to communities facing food insecurity. The bill ensures the funds remain available for fiscal year 2026 and future years without reverting to the general fund if unspent. It is a funding measure, not a new policy, and directly supports food banks, farms, and food-insecure residents through this specific appropriation.

Maddy summarySB 9 authorizes a $1 billion transfer from New Mexico's general fund to the Medicaid Trust Fund for fiscal year 2027. This funding directly supports the state's Medicaid program, which provides healthcare coverage to low-income residents, including children, seniors, and people with disabilities. The bill establishes a specific financial mechanism to replenish the Medicaid Trust Fund, ensuring stable funding for healthcare services without altering eligibility rules or program structure. It does not create new benefits or change how Medicaid operates, only providing a dedicated funding source. The transfer is scheduled for implementation in the 2027 fiscal year.

Maddy summarySB 183 appropriates $250,000 from the general fund to the New Mexico Health Care Authority to study creating regional urgent care or emergency facilities in Torrance County and nearby areas. The study will examine whether such facilities are practical and beneficial for residents in that region. The funds must be spent by fiscal year 2027, with any unspent balance returning to the general fund. This bill does not create facilities but only funds the initial research phase.

Maddy summarySB 168 provides $150,000 in state funding to the Estancia Valley Solid Waste Authority for planning and designing a dedicated facility to recycle wind turbine blades. The bill directly affects the Estancia Valley Solid Waste Authority, which will use the funds in fiscal year 2027 to collaborate on site development. This is a procedural funding measure focused solely on the planning phase, not on building or operating the recycling site. The appropriation expires if unspent by the end of fiscal year 2027, with any remaining funds reverting to the general fund.

Maddy summaryHB 65 creates a three-year pilot program in seven New Mexico counties (Dona Ana, Chaves, San Juan, McKinley, Bernalillo, Santa Fe, and Eddy) to improve stability for children in state custody. It provides in-home or home-like placements with enhanced services - including 24-hour crisis support, weekly therapy, parent training, and monthly family sessions - to reduce placement disruptions. The program prioritizes children with frequent placement history, behavioral health needs, or risk of disruption, and includes specialized incentives for foster homes caring for adolescents, siblings, or those needing short-term stabilization. The state appropriates $2.5 million to fund the program through fiscal year 2029, requiring collaboration between the Children, Youth and Families Department and Health Care Authority.

Maddy summarySB 55 increases New Mexico's income tax credit for solar energy installations to 30% of the cost (up from 10%), with a maximum annual credit of $15,000 per taxpayer. It applies directly to homeowners, businesses, and agricultural operations that install qualifying solar thermal or photovoltaic systems in New Mexico. Taxpayers can transfer their unused credit to another taxpayer, and the state will cap total annual credits at $30 million to prevent overspending. The bill takes effect for tax years beginning January 1, 2026, and expires for tax years ending before 2032.

Maddy summaryHB 104 appropriates $8 million from the general fund to New Mexico's Department of Health for fiscal years 2027-2028 to support county and tribal health councils under the County and Tribal Health Councils Act. The bill specifically allocates $1 million to contract for services assisting the Department of Health in supporting these councils. Any unspent funds by the end of 2028 would revert to the general fund. This funding directly enables local health councils to operate and engage with state health initiatives.

Maddy summarySB 99 transfers $29.5 million from the state's general fund to the Rural Libraries Endowment Fund. This funding directly supports New Mexico's rural public libraries by providing a dedicated financial resource. The bill creates a permanent endowment to help sustain library services in rural communities. It was introduced by Senators Liz Stefanics and Pete Campos and passed out of committee in January 2026.

Maddy summarySB 62 transfers $29.5 million from New Mexico's general fund to create a permanent Rural Libraries Endowment Fund. This fund will provide ongoing financial support to public libraries in rural areas across the state. The bill directly affects rural libraries by establishing a dedicated, long-term funding source instead of relying on annual appropriations. The key mechanism is the one-time transfer of funds to ensure sustained library services in underserved communities.