All Roll Calls
Yes: 68 • No: 18
New MexicoSB 482026 Regular SessionSenate
STATE FAIRGROUNDS DISTRICT BONDS
Sponsored By: Mimi Stewart (Democratic)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
State Fairgrounds District gets bond authority
The State Fairgrounds District can issue bonds raising up to $92 million in net proceeds. This counts toward the existing $500 million total limit, rather than adding to it. All or part of its gross receipts and gaming tax distributions back repayment of the bonds and interest. The law does not specify how the money will be used or provide a direct household benefit. It also names the governing law the State Fairgrounds District Act.
Sponsors & Cosponsors
Sponsor
Mimi Stewart
Democratic • Senate
Cosponsors
Janelle Anyanonu
Democratic • House
Roll Call Votes
House vote • 2/19/2026
Final House Vote
Yes: 42 • No: 6
Senate vote • 2/6/2026
Final Senate Vote
Yes: 26 • No: 12
Actions Timeline
Signed by Governor - Chapter 33 - Mar. 5
3/5/2026SenatePassed in the House of Representatives - Y:42 N:6
2/19/2026HouseHTRC: Reported by committee with Do Pass recommendation
2/14/2026HouseHCEDC: Reported by committee with Do Pass recommendation
2/12/2026HouseSent to HCEDC - Referrals: HCEDC/HTRC
2/9/2026SenatePassed in the Senate - Y:26 N:12
2/6/2026SenateSFC: Reported by committee with Do Pass recommendation
2/2/2026SenateSTBTC: Reported by committee with Do Pass recommendation
1/28/2026SenateSCC: Reported by committee to fall within the purview of a 30 day session
1/22/2026SenateSent to SCC - Referrals: SCC/STBTC/SFC
1/21/2026Senate
Bill Text
Final Version
3/6/2026
HTRC Committee Report 2/14/26
2/14/2026
HCEDC Committee Report 2/12/26
2/12/2026
SFC Committee Report 2/02/26
2/2/2026
STBTC Committee Report 1/28/26
1/28/2026
SCC Committee Report 1/22/26
1/22/2026
Introduced
1/21/2026