NM SB151 | 2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 4)
Status: Passed on March 11 2026 - 100% progression
Action: 2026-03-11 - Signed by Governor - Chapter 69 - Mar. 11
Text: Latest bill text (Enrolled) [PDF]

Summary

Corporate Income Tax Changes

Tracking Information

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Title

Corporate Income Tax Changes

Sponsors


Roll Calls

2026-02-18 - House - House Final Passage (Y: 42 N: 19 NV: 0 Abs: 9) [PASS]
2026-02-15 - Senate - Senate Final Passage (Y: 24 N: 17 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2026-03-11SenateSigned by Governor - Chapter 69 - Mar. 11
2026-02-18SenateSenate has concurred with House Amendments
2026-02-18HousePassed in the House of Representatives - Y:43 N:19
2026-02-18HouseHTRC: Reported by committee with Do Pass recommendation with amendment(s)
2026-02-16HouseSent to HTRC - Referrals: HTRC
2026-02-15SenatePassed in the Senate - Y:24 N:17
2026-02-15SenateSenate Floor Amendment
2026-02-14SenateSFC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution
2026-02-09SenateSTBTC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution
2026-01-27SenateSCC: Reported by committee to fall within the purview of a 30 day session
2026-01-26SenateSent to SCC - Referrals: SCC/STBTC/SFC

New Mexico State Sources

TypeSource
Summaryhttps://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=151&year=26
Texthttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151.pdf
Texthttps://www.nmlegis.gov/Sessions/26%20Regular/final/SB0151.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/SB0151CT1%20233574.1%20SB151%20.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/SB0151CT1%20233853.2%20SB151%20.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/SB0151FC1%20233921.4%20.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/SB0151FC1%20233921.5%20.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151FS1.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/SB0151TR1%20234169.4%20.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/floor_amendments/.234220.1.pdf
Amendmenthttps://www.nmlegis.gov/Sessions/26%20Regular/Floor_Amendments/.234220.1.pdf
Supplementhttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151CC1.pdf
Supplementhttps://www.nmlegis.gov/Sessions/26%20Regular/firs/SB0151.PDF
Supplementhttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151CT1.pdf
Supplementhttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151FC1.pdf
Supplementhttps://www.nmlegis.gov/Sessions/26%20Regular/bills/senate/SB0151TR1.pdf
Roll Callhttps://www.nmlegis.gov/Sessions/26%20Regular/votes/SB0151SVOTE.pdf
Roll Callhttps://www.nmlegis.gov/Sessions/26%20Regular/votes/SB0151HVOTE.pdf

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