All Roll Calls
Yes: 99 • No: 10
New MexicoSB 1702025 Regular SessionSenate
NMFA DEFINITIONS, FUNDS & RATES
Sponsored By: Michael Padilla (Democratic)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Faster permit decisions for qualifying utilities
New Mexico's utility commission must decide qualifying utility certificate applications within six months of filing. Applications must have certification from the state's Economic Development Department to qualify. The commission can extend the deadline by up to three months for good cause. If it misses the applicable deadline, the application is automatically approved and the case is closed.
Public projects face new funding limits
After June 30, 2028, public projects need specific authorization in law to get New Mexico Public Project Revolving Fund financing. Projects without that authorization are no longer eligible for this funding.
Sponsors & Cosponsors
Sponsor
Michael Padilla
Democratic • Senate
Cosponsors
Joshua N. Hernandez
Republican • House
Joy Garratt
Democratic • House
Meredith A. Dixon
Democratic • House
Roll Call Votes
House vote • 3/21/2025
Final House Vote
Yes: 68 • No: 0
Senate vote • 3/10/2025
Final Senate Vote
Yes: 31 • No: 10
Actions Timeline
Signed by Governor - Chapter 71 - Apr. 7
4/7/2025SenateSenate has concurred with House Amendments
3/21/2025SenatePassed in the House of Representatives - Y:68 N:0
3/21/2025HouseHAFC: Reported by committee with Do Pass recommendation
3/20/2025HouseHCEDC: Reported by committee with Do Pass recommendation with amendment(s)
3/18/2025HouseSent to HCEDC - Referrals: HCEDC/HAFC
3/12/2025SenatePassed in the Senate - Y:31 N:10
3/10/2025SenateSenate Floor Amendment
3/10/2025SenateSFC: Reported by committee with Do Pass recommendation with amendment(s)
3/7/2025SenateSTBTC: Reported by committee with Do Pass recommendation with amendment(s)
2/19/2025SenateSent to STBTC - Referrals: STBTC/SFC
1/28/2025Senate
Bill Text
Final Version
4/8/2025
HAFC Committee Report 3/20/25
3/20/2025
HCEDC Committee Report 3/18/25
3/18/2025
Senate Floor Amendment 1 3/10/25
3/10/2025
SFC Committee Report 3/07/25
3/7/2025
STBTC Committee Report 2/19/25
2/19/2025
Introduced
1/28/2025