Signed by Governor Michelle Lujan Grisham

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funds for the 2025-2026 state general budget in New Mexico.

Highlights:

• Appropriates the following amounts to be expended in the 2025-2026 fiscal year (Sec. 4-12):

• $509,332,900 to the Judicial Branch and its departments;

• $1,967,145,700 to the Executive Branch and its departments for “General Control”;

• $272,761,400 to various departments and programs for Commerce and Industry;

• $442,990,200 to various departments and other authorities for Agriculture, Energy and Natural Resources;

• $17,612,933,400 to various departments, commissions, and other authorities for Health, Hospitals and Human Services;

• $1,094,838,600 to various departments and other authorities for Public Safety;

• $1,303,653,300 to the Department of Transportation;

• $146,691,700 to the Public Education Department and other authorities for other education;

• $4,547,500,800 to universities, colleges, and other authorities for higher education;

• $5,253,907,200 to various authorities for public school support;

• $1,558,501,600 to various authorities for special appropriations;

• $183,654,200 to various authorities for deficiency appropriations;

• $107,410,400 to various departments, boards, and authorities for information technology;

• $96,143,100 to the Department of Finance and Administration for a salary increase of 4% for state employees;

• $78.500,000 to the Department of Finance and Administration for an increase in the state’s group insurance contribution for state employees;

• $457,759,600 to various departments and other authorities for the Government Results and Opportunity Expendable Trust;

• $1,645,183,200 for transfers to various funds from the general fund; and

• $189,500,000 to the Department of Transportation for special transportation appropriations.

• Authorizes the governor, with approval from the State Board of Finance, to transfer funds from the operating reserve and the government results and opportunity expendable trust in the event that revenues and transfers to the general fund in fiscal year 2026 are less than the total appropriations in this Act (Sec. 14).

• Specifies that if any part of this Act is invalidated, the rest is not affected (Sec. 15).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funds for the 2025-2026 state general budget in New Mexico.

Highlights:

• Appropriates the following amounts to be expended in the 2025-2026 fiscal year (Sec. 4-12):

• $509,332,900 to the Judicial Branch and its departments;

• $1,967,145,700 to the Executive Branch and its departments for “General Control”;

• $272,761,400 to various departments and programs for Commerce and Industry;

• $442,990,200 to various departments and other authorities for Agriculture, Energy and Natural Resources;

• $17,612,933,400 to various departments, commissions, and other authorities for Health, Hospitals and Human Services;

• $1,094,838,600 to various departments and other authorities for Public Safety;

• $1,303,653,300 to the Department of Transportation;

• $146,691,700 to the Public Education Department and other authorities for other education;

• $4,547,500,800 to universities, colleges, and other authorities for higher education;

• $5,253,907,200 to various authorities for public school support;

• $1,558,501,600 to various authorities for special appropriations;

• $183,654,200 to various authorities for deficiency appropriations;

• $107,410,400 to various departments, boards, and authorities for information technology;

• $96,143,100 to the Department of Finance and Administration for a salary increase of 4% for state employees;

• $78.500,000 to the Department of Finance and Administration for an increase in the state’s group insurance contribution for state employees;

• $457,759,600 to various departments and other authorities for the Government Results and Opportunity Expendable Trust;

• $1,645,183,200 for transfers to various funds from the general fund; and

• $189,500,000 to the Department of Transportation for special transportation appropriations.

• Authorizes the governor, with approval from the State Board of Finance, to transfer funds from the operating reserve and the government results and opportunity expendable trust in the event that revenues and transfers to the general fund in fiscal year 2026 are less than the total appropriations in this Act (Sec. 14).

• Specifies that if any part of this Act is invalidated, the rest is not affected (Sec. 15).

Full Bill Text