# New Mexico HB 218: TAX CHANGES New Mexico HB 218, TAX CHANGES, is a 2025 Regular Session House bill sponsored by Derrick J. Lente (Democratic); status signed, last action 2025-04-09 (Signed by Governor - Chapter 130 - Apr. 9); PRIA reads it as touching household money (as of 2026-10-16). - Canonical: https://policyrisk.com/state-bill/NM-HB218-2025 - As of: 2026-10-16 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: New Mexico HB 218 - State: New Mexico - Session: 2025 Regular Session - Title: TAX CHANGES - Status: signed - Chamber: House - Introduced: 2025-01-29 - Last action: 2025-04-09, Signed by Governor - Chapter 130 - Apr. 9 - Sponsor: Derrick J. Lente (Democratic) - Cosponsors: 0 - Touches household money: yes - Roll calls: 2 (80 yes, 15 no in all) - Economic provisions PRIA read: 82 ## Summary No summary available. ## Bill overview: provisions PRIA read - Angel investors get qualifying investment tax credits: benefit, high. Eligible accredited investors get up to 25% of qualified cash-for-equity investments, capped at $62,500 per investment. Investments must be made by December 31, 2030, in businesses meeting New Mexico location, research or manufacturing, and other qualification requirements. Claims cover one investm… - Annual tax credit for adoptive families: benefit, high. Eligible New Mexico taxpayers get a refundable $1,500 yearly credit for each adopted child certified as difficult to place. The child must qualify as their federal tax dependent, and taxpayers cannot be another taxpayer’s dependent. Certification comes from the Children, Youth and Families Departme… - Building owners keep unused tax credits: benefit, high. Individual taxpayers can carry unused 2015 sustainable building credits forward for up to seven consecutive tax years. Building owners must provide the state eligibility certificate and required credit information. Business co-owners claim only their ownership share, and certain related energy cred… - Property owners get geothermal heat pump credits: benefit, high. Eligible individual income taxpayers get 30% of geothermal heat pump purchase and installation costs, up to $9,000. Excess credit is refundable. Systems must be bought and installed after May 15, 2024, and before December 31, 2034, on owned New Mexico property. State certification and a nationally… - Refundable solar tax credits for property owners: benefit, high. Eligible property owners get 10% of certified solar system costs, up to $6,000 per taxpayer per tax year. Excess credit is refundable, and certified credits can be sold or transferred. Systems must be purchased and installed starting March 1, 2020, on qualifying New Mexico property, including lease… - Rural health practitioners get service tax credits: benefit, high. Eligible health practitioners serving qualifying rural underserved sites get annual income tax credits of up to $5,000 or $3,000. The amount depends on practitioner type, and the full credit requires at least 1,584 service hours. Service of 792 to fewer than 1,584 hours earns half the applicable am… - Wildfire survivors get home rebuilding tax credits: benefit, high. Eligible taxpayers get up to $50,000 per replacement home after subtracting insurance and other compensation, including federal fire assistance. The original home must have burned in 2021–2023; its replacement must occupy the same New Mexico property and be the taxpayer’s home most of the year. Cos… - Audited businesses can avoid duplicate taxes: benefit, high. After a department or managed audit, the department can credit gross receipts tax with compensating tax already paid. The business must show that the purchaser timely paid compensating tax on the same property or services. The purchaser must give up the right to a refund of that tax. The credit can… - Dairy and feedlot owners get biomass credits: benefit, high. Corporate taxpayers owning dairies or feedlots get $5 per wet ton of qualifying manure sent for commercial power or fuel production. Eligibility certificates are required for tax years ending before January 1, 2030. This credit and the agricultural biomass income tax credit share a $5 million yearl… - Liquor license businesses get temporary deductions: benefit, high. Qualifying liquor license lessors can deduct up to $50,000 of eligible receipts yearly for up to four tax years before 2026. Separately, qualifying dispenser license holders can deduct up to $50,000 of alcoholic-beverage sales receipts per license for 2022–2025. Both require holding the license on… - Small retailers get holiday sales deductions: benefit, high. Before July 1, 2025, eligible small retailers can deduct specified sales on the first Saturday after Thanksgiving. The sales window runs from 12:01 a.m. through midnight, and each qualifying item must cost less than $500. The retailer’s primary business location must be in New Mexico. It must have… - Families can deduct additional dependents: benefit, medium. Eligible filers can deduct $4,000 from New Mexico taxable income for each dependent after the first. You must file jointly or as head of household, and no one else can claim you as a dependent. This deduction applies while the federal personal exemption amount is zero. It lowers taxable income, not… - Taxpayers gain duplicate-tax and lien protections: benefit, medium. The tax department can refund or credit an assessment when someone already paid tax on the same transaction for the taxpayer. A timely refund claim and legal requirements for crediting that earlier payment must be satisfied. Relief can include penalties and interest; the department can require the… - SNAP application notices for low-income taxpayers: benefit, low. Taxpayers with income within 130% of federal poverty guidelines must receive general SNAP eligibility and application information. The tax department includes it with a refund or another notice. The Health Care Authority must supply the information by January 30 each year. The notice does not enrol… - No extra fee for duplicate recordings: benefit, low. You do not owe an extra recording fee for a duplicate instrument when the original is unavailable. You must include the required affidavit. Any fee for recording the original still applies. - Audited taxpayers can offset tax debts: benefit, low. When an audit finds overpayments and underpayments of the same tax across several periods, taxpayers can request an offset. They must file a refund claim. The department must apply overpayments to the earliest underpayments first and refund any remaining balance. An underpayment counts as paid in t… - State income tax deadlines match federal deadlines: benefit, low. Covered individuals must file their New Mexico income tax return and pay by their federal return’s due date. This covers residents and people earning income from New Mexico business transactions, property or employment. They must be required to file federally and required to file or pay under state… - Teachers can deduct classroom supply costs: benefit, low. Licensed public school teachers can deduct qualifying supplies bought for students' educational use. The limit is $500 for tax years beginning in 2024 and $1,000 annually for 2025 through 2028. Teachers claimed as someone else's dependent cannot use this deduction. Computers, certain other electron… - Businesses can use alternative deduction proof: benefit, low. Gross receipts deduction claimants can use alternative proof when they lack a properly completed nontaxable transaction certificate. They must prove the facts supporting the deduction. This option excludes electricity or fuel sellers with the specified tax department agreement covering their energy… - Low-tax businesses get flexible payment timing: benefit, low. The tax secretary can set longer reporting and payment intervals for taxpayers expecting to owe less than $500 monthly. This flexibility requires a rule from the secretary. Intervals cannot exceed one year unless another law allows more time. The amount of tax owed does not change. - Monthly funding for public election programs: benefit, low. The law directs $100,000 each month to the Public Election Fund from the specified state deposits. The money supports the election program, not direct household payments. - New state fund for veterans’ cemeteries: benefit, low. The law creates the Veterans’ State Cemetery Fund in the state treasury. It accepts appropriations, gifts, grants, donations, and optional income tax refund contributions. Money is appropriated to the Veterans’ Services Department to administer the fund. Unspent balances stay in the fund, and no fu… - More funding for retiree health care: benefit, low. The Retiree Health Care Fund receives monthly payments equal to one-twelfth of 112% of the previous fiscal year’s total distribution. This increases fund support, not individual retirees’ stated benefit amounts. The law does not change individual eligibility through this provision. - Payment deadlines for hospitals serving Medicaid: benefit, low. The hospital Medicaid-directed payment program and its distribution require federal approval. Managed care organizations must pass payments to hospitals within 15 days of receiving them. For July–December 2024, state rate-increase and quality payments were due March 15 and May 15, 2025, respectivel… - Aircraft businesses get sales tax deductions: benefit, low. Aircraft manufacturers and affiliates can deduct aircraft sales and flight-support, pilot-training and maintenance-training receipts. Businesses can also deduct aircraft-parts sales and maintenance of aircraft or their parts. For these deductions, the existing aircraft deduction identified by the l… - Border trade firms get tax deductions: benefit, low. Qualifying customs brokers and freight forwarders can deduct receipts from operations near the New Mexico-Mexico border. Firms must have first located in New Mexico within 20 miles of a border port during 2016 through 2020. They must employ at least two New Mexico workers. The deduction covers qual… - Companies get sustainable building improvement credits: benefit, low. Corporate building owners and transferred-credit recipients can claim 2021 sustainable building credits for tax years ending before January 1, 2028. Certified new construction, commercial renovations and energy-saving installations qualify; amounts depend on project type, size and standards. Commer… - Companies retain older sustainable building credits: benefit, low. Companies can claim 2015 sustainable building credits for qualifying New Mexico work completed before April 1, 2023. Claims cover tax years ending by December 31, 2024; amounts depend on building type, certification and occupied space. Yearly certificate caps are $1.25 million for commercial buildi… - Compliant fuel businesses can avoid bonds: benefit, low. Gasoline taxpayers and special fuel suppliers can request bond exemptions after 24 consecutive months without delinquency under their applicable tax law. Approved exemptions start on the first day of the following month. The tax department can end an exemption after a later delinquency. Termination… - Corporate tax deadlines follow federal dates: benefit, low. Covered corporations must file New Mexico corporate returns and pay tax by their federal corporate income tax return deadline. Franchise tax filing and payment deadlines are tied to the corporate income tax payment date for the preceding tax year. These rules change timing, not the amount owed. - Corporations get geothermal heat pump credits: benefit, low. For tax years beginning in 2024 or later, corporations can claim refundable geothermal heat pump credits on property they own. The credit covers up to 30% of purchase and installation costs, capped at $9,000 per taxpayer. Purchase and installation must occur after May 15, 2024, and before December… - Defense research contractors get tax deductions: benefit, low. Before January 1, 2031, qualified contractors can deduct receipts from directed-energy or satellite research services and inputs. Sales must be under Defense Department contracts entered into on or after January 1, 2016. Congressionally designated national laboratories do not qualify. New Mexico na… - Employers get credits for high-wage jobs: benefit, low. Eligible employers get a refundable credit of 8.5% of wages, capped at $12,750 per job per qualifying period. It covers an initial 12-month period and up to three more consecutive periods. Jobs must be created before July 1, 2026, and occupied for at least 44 weeks per period. Workers must live in… - Equipment sellers can deduct half their receipts: benefit, low. Sellers can deduct 50% of qualifying receipts from agricultural implements, farm tractors, aircraft, and vehicles not requiring state registration. For agricultural implements, buyers must state in writing that they regularly farm or ranch. Sellers must take the separately specified statutory deduc… - Equipment tax credits for New Mexico manufacturers: benefit, low. New Mexico manufacturers can claim an investment tax credit for qualified equipment. For equipment subject to compensating tax, the credit equals the equipment’s value times the applicable tax rate. For sales subject to gross receipts tax, it equals the seller’s receipts times applicable state and… - Gasoline taxes fund local transportation needs: benefit, low. The law distributes 10.38% of net gasoline-tax receipts: 90% to municipalities and class H counties, and 10% to counties. Shares follow taxable fuel sales, with the county portion based on sales outside municipalities and applicable pledges and adjustments preserved. That money generally funds road… - Geothermal power producers get tax credits: benefit, low. Eligible owners and leaseholders get 1.5 cents per kilowatt-hour generated at qualifying New Mexico geothermal power plants. New plants must begin construction on or after January 1, 2025; existing plants must at least double geothermal generation on or after that date. State energy department cert… - Geothermal power projects get tax breaks: benefit, low. Qualifying New Mexico geothermal facilities earn $0.015 per kilowatt-hour for tax years ending before January 1, 2032. New facilities must start construction on or after January 1, 2025; existing facilities must at least double generation starting then. State-certified personal and corporate credit… - Local governments receive cannabis tax shares: benefit, low. Municipalities receive 33.33% of net cannabis excise tax receipts attributed to businesses within their boundaries. Counties receive the same share from businesses outside municipalities. The state can deduct up to 3% of these distributions for reasonable administration costs. Municipal payments re… - Manufacturing suppliers can deduct qualifying sales: benefit, low. Sellers can deduct qualifying manufacturing sales from gross receipts or governmental gross receipts. Component deductions cover goods incorporated into manufactured products and require the buyer’s nontaxable transaction certificate. Manufacturing consumables sold to manufacturers or manufacturing… - Medical sellers get qualifying sales deductions: benefit, low. Sellers can deduct qualifying prescription-drug and medical cannabis sales from gross receipts and governmental gross receipts. Prescription drugs must meet the law’s dispensing, prescription and sales restrictions. Cannabis sales must comply with New Mexico’s medical cannabis law. Licensed Medicar… - Nonprofit supplemental health plans avoid taxes: benefit, low. Premiums from qualifying supplemental health plans are exempt from New Mexico's insurance premium tax. The insurer must have federal tax-exempt status as a 501(c)(3) nonprofit. The law does not specify whether insurers pass the savings to plan buyers. - Oil producers gain duplicate tax protections: benefit, low. The emergency school tax cannot be levied twice on the same oil or gas product. The production property tax also cannot be levied twice on the same product. Reporting already-taxed products under the emergency school tax remains subject to department rules. The production equipment property tax is… - Rail carriers get locomotive fuel deductions: benefit, low. Common carriers can deduct qualifying locomotive fuel from gross receipts or compensating tax after meeting either investment threshold. One option requires at least $100 million in relevant refueling-facility construction or renovations after July 1, 2011. The other requires at least $50 million i… - Restored oil production gets tax relief: benefit, low. Qualifying restored production of oil, natural gas, and other liquid hydrocarbons is exempt from severance tax for its first 10 production years. The exemption applies when the specified 12-month average West Texas Intermediate oil price is below $24 per barrel. - Some businesses avoid municipal sales taxes: benefit, low. Qualifying business receipts are exempt from supplemental municipal and municipal local-option gross receipts taxes. The business must sit outside the municipality's boundaries on land the municipality owns. The state must also make a gross receipts tax distribution for that land. - Special fuel users can claim refunds: benefit, low. Special fuel tax refunds cover qualifying school-bus, off-road, auxiliary-equipment, and vehicle-mounted non-automotive uses. Eligible use and highway propulsion must draw fuel from the same tank. Vehicles must be registered with the tax department, and users must be registered for gross receipts t… - Tax deduction for wholesale telecom providers: benefit, low. Providers can deduct receipts from qualifying interstate telecommunications services provided in New Mexico from their interstate telecommunications taxable receipts. The buyer must use the service to provide telephone or telegraph services to the final user. The buyer must also be subject to inter… - Tax revenue supports local assistance funds: benefit, low. The Small Cities Assistance Fund receives 15% of net compensating-tax receipts; the Small Counties Assistance Fund receives 10%. Both shares are subject to statutory distribution adjustments. Qualifying counties also receive equalization payments each September 15 after imposing or continuing the s… - Late filers can lose tax credits: cost, medium. An income tax credit or rebate is lost when first claimed after the law’s deadline. That deadline is the end of the third calendar year after the year the eligible return was initially due. This limit does not apply to the credit for income taxes paid to another state. Specific credits can also hav… - Quarterly fees for workers and employers: cost, low. Beginning January 1, 2026, covered employees owe $2 each quarter, deducted from wages. Employers covered by, or choosing coverage under, the Workers’ Compensation Act also owe $2.30 per covered employee quarterly. The count uses employees covered on the quarter’s last working day. Fees are due by t… - Agencies pay refund debt collection fees: cost, low. Claimant agencies in the Tax Refund Intercept Program must pay an administrative fee equal to 3% of their debts. The tax department uses the fee revenue to run the program. This provision does not impose an additional personal fee on taxpayers. - Alternative fuel distributors pay gallon-based taxes: cost, low. Distributors pay alternative fuel tax when fuel enters a vehicle's supply tank for use on New Mexico highways. The rate is 13.3 cents per gallon for compressed natural gas and 20.6 cents for liquefied natural gas. Other alternative fuel is taxed at 12 cents per gallon. Payment is triggered by dispe… - Large taxpayers must pay taxes electronically: cost, low. Taxpayers must pay electronically for each tax group whose average payment reached $25,000 in the preceding calendar year. The average equals that group's total yearly payments divided by the number of months when a payment was due. The four groups cover withholding, gross receipts and related taxe… - Local distributions face debt and reporting holds: cost, low. The state must reduce or redirect designated local distributions when directed under the State Aid Intercept Act. Redirection to the Finance Authority requires a local ordinance or resolution and written agreement to pay debt or other obligations. Earlier intercepts and redirections take priority o… - Natural gas processors pay value-linked taxes: cost, low. Processors pay tax on natural gas delivered to plant inlets, measured in million British thermal units, after allowed deductions. The rate is $0.0065 per unit times the prior year’s average New Mexico taxable gas value per thousand cubic feet divided by $1.33. The result is rounded to the nearest $… - Oil taxpayers must make advance payments: cost, low. Taxpayers with monthly severance, conservation, or emergency school tax liability must make annual advances based on applicable average tax. Ad valorem production taxpayers also owe advances; their average uses net tax paid during the 12 months ending March 31, divided by months with tax paid. Afte… - Production owners owe value-based oil taxes: cost, low. Oil and gas interest owners owe an ad valorem production tax on assessed product value when products are severed and sold. Each owner owes the share tied to their ownership interest. The state finance department certifies the rate, which applies monthly until replaced. Tribes, pueblos, and individu… - Production payments require withholding and reports: cost, low. Operators must withhold taxes due from payments to owners for their share of production value. These duties include severance, conservation, and emergency school taxes; purchasers paying under operator agreements also must withhold. The tax department can require other purchasers to withhold, and t… - Separate reporting for biodiesel tax deductions: cost, low. Taxpayers deducting biodiesel from special fuel received in New Mexico must report that amount separately with their return. Reporting must follow the tax department’s instructions. This duty applies to deduction claimants, not fuel users generally. - Some local tax replacement payments shrink: cost, low. Beginning July 1, 2025, covered local payments tied to food and health practitioner tax deductions decline annually. The schedule is 28% of the maximum in 2025–26, then 21%, 14%, and 7%, ending July 1, 2029. Without a hold-harmless tax on June 30, 2019, municipalities under 10,000 and counties unde… - State recovers past local revenue overpayments: cost, low. The state can recover negative prior-period adjustments exceeding the greater of $100 or 20% of a local recipient’s average payment. The calculation excludes net amounts older than the three calendar years before the current year. Recipients get notice, access to review the refund claim, and intere… - Voter-approved business tax for municipal bonds: cost, low. Municipalities can tax business gross receipts at up to 1% to repay supplemental municipal gross receipts bonds. Rates below 1% must use 0.25% steps. A majority of elected governing-body members must approve an ordinance. Voters must approve both the tax and bonds of up to $9 million. Businesses ow… - County taxes get voter review rules: mixed, low. Counties adopting local-option gross receipts taxes must choose a referendum process or require voter approval before the tax starts. Without charter referendum rules, the petition route requires filing within 60 days and signatures from 5% of registered voters at the last general election. The pre… - Filers can direct refunds to listed causes: mixed, low. Individuals can direct part or all of an eligible income tax refund to listed funds or groups. This gives taxpayers a donation option but reduces the cash refund they keep by the amount directed. Both spouses must make the designation on a joint return. Refunds subject to interception are ineligibl… - Refund donations follow new distribution rules: mixed, low. Voluntary refund donations go dollar for dollar to designated recipients, including healthy soil, housing, veterans’ cemetery, and political-party purposes. Veterans’ cemetery contributions begin after Santa Fe receives the balance of refund contributions totaling $1.07 million. The treasurer must… - Tax refunds can repay outstanding debts: mixed, low. The state can apply a taxpayer’s credit, rebate or refund to that person’s tax debt, reducing both debt and cash received. The taxpayer must receive notice and earns interest until the debt receives the offset. Excess payments tied to a return or assessment can also pay other liabilities under the… - Local tax data access requires safeguards: mixed, low. Authorized local officials can obtain specified taxpayer identities and gross receipts information for local tax work. Requests must cover a period within the prior 12 months and include a written agreement limiting use and protecting confidentiality. Officials and employees must complete privacy t… - Hospital assessments with patient billing protections: mixed, low. The hospital assessment funds Medicaid payments and applies to inpatient days and outpatient revenue only with required federal approvals. Federal hospitals, state university teaching hospitals, and state-owned special hospitals are excluded. Rural and special hospitals get 50% rate reductions; sma… - County hospital taxes need voter approval: mixed, low. Counties meeting statutory population and taxable-value categories can impose a 0.125% hospital gross receipts tax after majority voter approval. Each term lasts no more than five years, with successive terms allowed through later ordinances. Depending on the county category, money supports county… - County receipt taxes fund Medicaid care: mixed, low. Counties can impose a 0.0625% gross receipts tax for their county-supported Medicaid fund without a referendum. Counties with more than 500,000 people can add another 0.0625% for indigent-patient support. That extra tax had an initial end date no later than June 30, 2009. It can continue in five-ye… - County road funding rewards timely reporting: mixed, low. Half of County Government Road Fund distributions follow certified road miles; the rest follows population or taxable gasoline gallons. Counties below 400 certified miles get a 50% mileage boost in the formula. Missing April 1 certification cuts monthly payments by one-third for that fiscal year, r… - District base resets require returning revenue: mixed, low. A development district can revise its tax base period once during its lifetime. No gross receipts tax increment bonds can have been issued, and qualifying developer or local-government objections must be resolved. The State Board of Finance must find the change reasonable and in the state’s best in… - Fuel loading fees include biodiesel relief: mixed, low. Distributors pay a $150 loading fee per chargeable 8,000-gallon load of gasoline or special fuel. It covers fuel loaded in New Mexico or imported for resale or use, unless the fee was already paid. Taxpayers can exclude biodiesel gallons delivered to a rack operator for later blending or resale. Th… - Local business tax funds water systems: mixed, low. A municipality in a class B county can adopt a voter-approved business gross receipts tax of up to 0.25%. Its latest federal census population must exceed 20,000 but be below 25,000. Revenue must repay federal water-delivery loans, then can fund system expansion, operation, and maintenance. The mon… - Manufacturing equipment gets a tax deduction: mixed, low. Sellers and lessors can deduct receipts from equipment sold or leased to manufacturers and manufacturing service providers. Equipment must be used directly in manufacturing. Buyers must provide a nontaxable transaction certificate or qualifying alternative proof. Buyers cannot also claim an Investm… - New rules for municipal revenue shares: mixed, low. Municipal distributions use a 1.225% factor and qualifying business receipts, excluding receipts from licensed nonprofit hospitals. Dedicated development-district tax increments can adjust the distribution. Contiguous tribal lands can count when a municipality provides substantially similar service… - New tax calculations for redevelopment funding: mixed, low. Redevelopment funding uses gross receipts taxes sourced to each area, with revenue above a base amount shared under dedicated percentages. For metropolitan redevelopment areas, local governments submit boundaries and the state assigns a reporting code. The following 12 reporting months establish th… - Oil producers face tax valuation rules: mixed, low. For emergency school and production property taxes, the department can value oil and gas traded between affiliates or outside arm’s-length sales. It can also set values when none are established, using comparable products from the same field or area. Equipment’s taxable value equals 27% of the prod… - Oil producers face taxes with discounts: mixed, low. Covered oil and gas products severed and sold face a general severance tax of 3.75% of taxable value. Enhanced-recovery projects, workovers, and stripper wells can receive lower rates based on project classification and statutory price or value thresholds. The separate emergency school tax is 3.15%… - Redevelopment bonds face revenue dedication limits: mixed, low. Local taxing bodies can pledge specified redevelopment tax revenue by majority-vote resolution, but no body can dedicate over 75% of its increment. The State Board of Finance can dedicate state revenue, also capped at 75%. Beginning July 1, 2029, the state amount cannot exceed the applicable averag… - Two Pueblos can share gasoline taxes: mixed, low. Beginning July 1, 2025, the transportation secretary can make tax-sharing agreements with the Pueblos of Nambe and Santo Domingo. Each must fully own a qualifying registered tribal distributor. Agreements provide 40% of gasoline tax revenue paid on 2.5 million gallons each month, for up to 20 years… ## Sponsors and cosponsors - Sponsor: Derrick J. Lente (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-17 | Senate | Final Senate Vote | pass | 30 | 4 | | | 2025-02-15 | House | Final House Vote | pass | 50 | 11 | | ## Actions (9) - 2025-04-09: Signed by Governor - Chapter 130 - Apr. 9 (Senate) - 2025-03-19: House has concurred with Senate Amendments (House) - 2025-03-17: Passed in the Senate - Y:30 N:4 (Senate) - 2025-03-14: SFC: Reported by committee with Do Pass recommendation with amendment(s) (Senate) - 2025-03-12: STBTC: Reported by committee with Do Pass recommendation with amendment(s) (Senate) - 2025-02-17: Sent to STBTC - Referrals: STBTC/SFC (Senate) - 2025-02-15: Passed in the House of Representatives - Y:50 N:11 (House) - 2025-02-07: HTRC: Reported by committee with Do Pass recommendation (House) - 2025-01-29: Sent to HTRC - Referrals: HTRC (Senate) ## Bill text - Final Version, 2025-04-10: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/final/HB0218.pdf) - SFC Committee Report 3/14/25, 2025-03-14: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218FC1.pdf) - STBTC Committee Report 3/12/25, 2025-03-12: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218CT1.pdf) - HTRC Committee Report 2/07/25, 2025-02-07: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218TR1.pdf) - Introduced, 2025-01-29: [HTML](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218.html), [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218.pdf) ## Related bills - HB 2: GENERAL APPROPRIATION ACT OF 2025 (signed) - SB 45: COUNTY HEALTH CARE ASSISTANCE FUND USE (signed) - SB 343: TEACHER SALARY RATES CHANGES (signed) - SB 345: TEACHER & INSTRUCTIONAL SUPPORT LICENSURE (signed) - SB 133: EDUCATIONAL RETIREES RETURNING TO WORK (signed) - HB 157: NEW SCHOOL LICENSES (signed) ## Sources - [Final Version (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/final/HB0218.pdf) - [SFC Committee Report 3/14/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218FC1.pdf) - [STBTC Committee Report 3/12/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218CT1.pdf) - [HTRC Committee Report 2/07/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218TR1.pdf) - [Introduced (HTML)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218.html) - [Introduced (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0218.pdf) ## Related - [HB 2: GENERAL APPROPRIATION ACT OF 2025](https://policyrisk.com/state-bill/NM-HB2-2025) - [SB 45: COUNTY HEALTH CARE ASSISTANCE FUND USE](https://policyrisk.com/state-bill/NM-SB45-2025) - [SB 343: TEACHER SALARY RATES CHANGES](https://policyrisk.com/state-bill/NM-SB343-2025) - [SB 345: TEACHER & INSTRUCTIONAL SUPPORT LICENSURE](https://policyrisk.com/state-bill/NM-SB345-2025) - [SB 133: EDUCATIONAL RETIREES RETURNING TO WORK](https://policyrisk.com/state-bill/NM-SB133-2025) - [HB 157: NEW SCHOOL LICENSES](https://policyrisk.com/state-bill/NM-HB157-2025) - [New Mexico bills](https://policyrisk.com/states/new-mexico/bills) - [New Mexico state hub](https://policyrisk.com/states/new-mexico) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/NM-HB218-2025 (as of 2026-10-16).