New MexicoSB 232025 Regular SessionSenate

OIL & GAS ROYALTY RATE CHANGES

Sponsored By: George K. Muñoz (Democratic)

Signed by Governor

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • George K. Muñoz

    Democratic • Senate

Cosponsors

  • Elizabeth "Liz" Stefanics

    Democratic • Senate

  • Javier Martínez

    Democratic • House

  • Matthew McQueen

    Democratic • House

  • Pete Campos

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 58 • No: 46

House vote • 3/20/2025

Final House Vote

Yes: 37 • No: 31

Senate vote • 2/22/2025

Final Senate Vote

Yes: 21 • No: 15

Actions Timeline

  1. Signed by Governor - Chapter 137 - Apr. 10

    4/10/2025Senate
  2. Passed in the House of Representatives - Y:37 N:31

    3/20/2025House
  3. HAFC: Reported by committee with Do Pass recommendation

    3/15/2025House
  4. HENRC: Reported by committee with Do Pass recommendation

    3/4/2025House
  5. Sent to HENRC - Referrals: HENRC/HAFC

    2/24/2025Senate
  6. Passed in the Senate - Y:21 N:15

    2/22/2025Senate
  7. SFC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution

    2/19/2025Senate
  8. SCONC: Reported by committee with Do Pass recommendation

    2/7/2025Senate
  9. Sent to SCONC - Referrals: SCONC/SFC

    1/21/2025Senate

Bill Text

  • Final Version

    4/11/2025

  • HAFC Committee Report   3/15/25

    3/15/2025

  • HENRC Committee Report   3/04/25

    3/4/2025

  • SFC Committee Report   2/19/25

    2/19/2025

  • SFC Committee Substitute   2/19/25

    2/19/2025

  • SCONC Committee Report   2/07/25

    2/7/2025

  • Introduced

    1/21/2025

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