# New Mexico SB 186: MULTIFAMILY HOUSING VALUATION

New Mexico SB 186, MULTIFAMILY HOUSING VALUATION, is a 2025 Regular Session Senate bill sponsored by Peter Wirth (Democratic); status failed, last action 2025-03-04 (Failed to Pass in the Senate, Bill Has Died) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/NM-SB186-2025
- 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 SB 186
- State: New Mexico
- Session: 2025 Regular Session
- Title: MULTIFAMILY HOUSING VALUATION
- Status: failed
- Chamber: Senate
- Introduced: 2025-01-29
- Last action: 2025-03-04, Failed to Pass in the Senate, Bill Has Died
- Sponsor: Peter Wirth (Democratic)
- Cosponsors: 2
- Touches household money: no
- Roll calls: 1 (16 yes, 23 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Peter Wirth (Democratic), Senate
- Cosponsor: George K. Muñoz (Democratic), Senate
- Cosponsor: Joshua N. Hernandez (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-04 | Senate | Final Senate Vote | fail | 16 | 23 |   |

## Actions (5)

- 2025-03-04: Failed to Pass in the Senate, Bill Has Died (Senate)
- 2025-03-04: Senate Floor Amendment (Senate)
- 2025-02-26: SFC: Reported by committee with Do Pass recommendation (Senate)
- 2025-02-21: STBTC: Reported by committee with Do Pass recommendation with amendment(s) (Senate)
- 2025-01-29: Sent to STBTC - Referrals: STBTC/SFC (Senate)

## Bill text

- Senate Floor Amendment 1 3/04/25, 2025-03-04: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186FS1.pdf)
- SFC Committee Report 2/26/25, 2025-02-26: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186FC1.pdf)
- STBTC Committee Report 2/21/25, 2025-02-21: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186CT1.pdf)
- Introduced, 2025-01-29: [HTML](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186.html), [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186.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
- [Senate Floor Amendment 1 3/04/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186FS1.pdf)
- [SFC Committee Report 2/26/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186FC1.pdf)
- [STBTC Committee Report 2/21/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186CT1.pdf)
- [Introduced (HTML)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186.html)
- [Introduced (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0186.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-SB186-2025 (as of 2026-10-16).