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NM HB2
Bill
Status
3/11/2026
Primary Sponsor
Nathan Small
Click for details
AI Summary
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Appropriates funds for all state government operations in fiscal year 2027, with amounts expressed in thousands of dollars; unexpended FY2026 balances revert to general fund by October 1, 2026, and FY2027 balances by October 1, 2027
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Allocates $6,559,400 for Legislative Building Services and approximately $186.9 million for district courts across 13 judicial districts, including $451,400 contingent appropriations for new judgeships in the First and Second Judicial Districts pending enabling legislation
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Provides approximately $356 million for Developmental Disabilities Support services, including $6.3 million to raise residential services provider rates and $15 million for increased enrollee service utilization
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Appropriates $191.3 million from the Health Care Affordability Fund, including $30 million for Medicaid expansion population coverage, $40 million for lawfully present enrollees losing eligibility October 1, 2026, and $38.1 million contingent on federal premium tax credit non-extension
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Allocates $689.9 million total for the Department of Health across public health, epidemiology, laboratory services, and facilities management programs
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Appropriates $140.4 million for Workforce Solutions Department programs, including unemployment insurance with 80% claims determination within 21 days target and $49.1 million for employment services
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Provides significant water infrastructure funding: $22.5 million for lower Rio Grande depletion reductions, $15 million for Indian water rights settlements, $13 million to the strategic water reserve fund, and $9 million for Rio Grande conveyance projects
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Authorizes emergency fund transfers up to $6 million aggregate from the general fund operating reserve to the state board of finance emergency fund upon certification of critical emergency
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Appropriates $25 million for energy initiatives including community energy project completion, plus $10 million to the geothermal projects development fund and $5 million to the grid modernization grant fund
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Prohibits use of appropriations for agency-issued credit card payments except for gasoline cards, telephone cards, and procurement cards; requires deficit plan presentation to Legislative Finance Committee if revenues are insufficient to meet appropriations
Legislative Description
General Appropriation Act Of 2026
Last Action
Signed by Governor - Chapter 67 - Mar. 11
3/11/2026