New Mexico SB48: Community Benefit Fund

What the bill says

From the enrolled text:

FIFTY-SEVENTH LEGISLATURE SB 48/a FIRST REGULAR SESSION, 2025 February 19, 2025 Mr. President: Your FINANCE COMMITTEE, to whom has been referred SENATE BILL 48, as amended has had it under consideration and reports same with recommendation that it DO PASS, amended as MAKING A TRANSFER FROM THE GENERAL FUND TO THE COMMUNITY BENEFIT FUND". 2. On page 6, strike Section 2 in its entirety. Respectfully submitted, ___________________________________ Senator George Muñoz, Chair Adopted_______________________ Not Adopted_______________________ (Chief Clerk) (Chief Clerk) Date ________________________ The roll call vote was 7 For 4 Against Yes: Campos, Gonzales, Muñoz, Padilla, Shendo, Steinborn, Trujillo No: Brandt, Lanier, Tobiassen, Woods Excused: None Absent: None SB0048FC1.wpd .231094.1

Read the full official text

Sponsors

• Micaelita Debbie O'Malley (D, SD-013) · primary sponsor
• Patricia Roybal Caballero (D, HD-013) · primary sponsor
• Elizabeth "Liz" Stefanics (D, SD-039)
• Mimi Stewart (D, SD-017)
• Reena Szczepanski (D, HD-047)

Votes

• House Final Passage (March 19, 2025): 39 yea, 26 nay, passed
• Senate Final Passage (February 25, 2025): 23 yea, 15 nay, passed

Common questions

What is SB48?

SB48 is a bill in the New Mexico Legislature (2025 Regular Session): Community Benefit Fund.

What is the status of SB48?

Chaptered as of April 10, 2025.

Who sponsored SB48?

Micaelita Debbie O'Malley (D, SD-013), with 4 co-sponsors.

Where is the official record for SB48?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=48&year=25