New MexicoSB 192026 Regular SessionSenate

SCHOOL FINANCE UNIT VALUE RESET

Sponsored By: William P. Soules (Democratic)

Passed

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • William P. Soules

    Democratic • Senate

Cosponsors

  • Benny Shendo

    Democratic • Senate

  • Craig W. Brandt

    Republican • Senate

  • Linda M. Trujillo

    Democratic • Senate

  • Michael Padilla

    Democratic • Senate

  • Pat Woods

    Republican • Senate

  • Pete Campos

    Democratic • Senate

  • Peter Wirth

    Democratic • Senate

  • Roberto "Bobby" J. Gonzales

    Democratic • Senate

  • Shannon D. Pinto

    Democratic • Senate

  • Steve D. Lanier

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 36 • No: 1

Senate vote 1/28/2026

Final Senate Vote

Yes: 36 • No: 1

Actions Timeline

  1. Passed in the House of Representatives - Y:65 N:0

    1/30/2026House
  2. HEC: Reported by committee with Do Pass recommendation

    1/30/2026House
  3. Sent to HEC - Referrals: HEC

    1/28/2026Senate
  4. Passed in the Senate - Y:36 N:1

    1/28/2026Senate
  5. SEC: Reported by committee with Do Pass recommendation

    1/28/2026Senate
  6. SCC: Reported by committee to fall within the purview of a 30 day session

    1/26/2026Senate
  7. Sent to SCC - Referrals: SCC/SEC

    1/23/2026Senate
  8. Signed by Governor - Chapter 2 - Jan. 31

    Senate

Bill Text

  • Final Version

    2/2/2026

  • HEC Committee Report   1/30/26

    1/30/2026

  • SEC Committee Report   1/28/26

    1/28/2026

  • SCC Committee Report   1/26/26

    1/26/2026

  • Introduced

    1/23/2026

Related Bills

Back to State Legislation