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The New Mexico Roundhouse has completed day to of the legislative session house bill 2 the appropriations bill has moved forward. The initial bill was sponsored by Rep. Nathan P Small of Dona Ana County. The General Appropriation Act of 2025 makes general appropriations and authorizes expenditures by state agencies as required by law for fiscal year 2026.
The key provisions of the bill include: - Defining key terms and providing definitions used throughout the act, such as "agency," "efficiency," "other state funds," and "performance measures." - Providing general provisions for the appropriations, such as requiring the state budget division to monitor revenue and authorizing budget increases from certain funds. - Appropriating funds for various state agencies, programs, and initiatives across government, including legislative, judicial, general control, commerce and industry, agriculture and natural resources, health and human services, public safety, transportation, and education. - Authorizing special appropriations, supplemental and deficiency appropriations, information technology appropriations, compensation appropriations, and transfers between various state funds. - Providing budget adjustment authority to certain agencies to request increases or transfers between budget categories and programs. The bill aims to provide the necessary resources and authority to state agencies to carry out their functions and responsibilities for the fiscal year.
A fiscal impact report is in process. The bill can be read in detail at
https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0002.pdf
A list of special appropriations by sponsor of each legislative district is allowed for up to $480,000 per representative and senator. Those allocations are being finalized as a part of the process
The bill goes before multiple committees pripr to vote on the housr floor then goes to the senate committees and floor for a vote.
Stay tuned for further information.
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