New Mexico legislation · 2026 Regular Session
New Mexico HB7: APPRENTICESHIP ASSISTANCE ACT TRANSFERS
Status: Signed into law, March 4, 2026
What the bill says
An act relating to workforce development; making annual transfers from the workforce development and apprenticeship trust fund to the public works apprentice and training fund and annual appropriations to the workforce solutions department to carry out the purposes of the apprenticeship assistance act; making appropriations.
From the enrolled text, March 5, 2026:
AN ACT RELATING TO WORKFORCE DEVELOPMENT; MAKING ANNUAL TRANSFERS FROM THE WORKFORCE DEVELOPMENT AND APPRENTICESHIP TRUST FUND TO THE PUBLIC WORKS APPRENTICE AND TRAINING FUND AND ANNUAL APPROPRIATIONS TO THE WORKFORCE SOLUTIONS DEPARTMENT TO CARRY OUT THE PURPOSES OF THE APPRENTICESHIP ASSISTANCE ACT; MAKING APPROPRIATIONS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 9-26-17 NMSA 1978 (being Laws 2024, Chapter 5, Section 1) is amended to read: "9-26-17. WORKFORCE DEVELOPMENT AND APPRENTICESHIP TRUST FUND.-- A. The "workforce development and apprenticeship trust fund" is created within the state treasury. The fund consists of distributions, appropriations, gifts, grants and donations. Income from investment of the fund shall be credited to the fund. Money in the fund shall be expended only as provided in this section. B. The state investment officer, subject to the approval of the state investment council, shall invest money in the workforce development and apprenticeship trust fund: (1) in accordance with the prudent investor rule set forth in the Uniform Prudent Investor Act; and (2) in consultation with the state HB Page treasurer. C. The state investment officer shall report quarterly to the legislative finance committee and the state investment council on the investments made pursuant to this section. Annually, a report shall be submitted no later than November 1 each year …
Sponsors
- Joy Garratt (D, HD-029) · primary sponsor
- Kathleen Cates (D, HD-044)
- Pat Woods (R, SD-007)
- Michael Padilla (D, SD-014)
- Christine Chandler (D, HD-043)
- Heather Berghmans (D, SD-015)
- D. Wonda Johnson (D, HD-005)
Latest actions
- : Signed by Governor - Chapter 24 - Mar. 4
- : Passed in the Senate - Y:29 N:8
- : SFC: Reported by committee with Do Pass recommendation
- : Sent to SFC - Referrals: SFC
- : Passed in the House of Representatives - Y:65 N:2
- : HAFC: Reported by committee with Do Pass recommendation
- : HLVMC: Reported by committee with Do Pass recommendation
- : Sent to HLVMC - Referrals: HLVMC/HAFC
- : Sent to HPREF - Referrals: HPREF
Votes
- Senate Floor Vote (February 18, 2026): 29 yea, 8 nay, passed
- House Floor Vote (February 12, 2026): 65 yea, 2 nay, passed
Subjects: EDUCATION, OTHER, EMPLOYER & EMPLOYEE (including workers' comp)
Common questions
- What is HB7?
- HB7 is a bill in the New Mexico Legislature (2026 Regular Session): APPRENTICESHIP ASSISTANCE ACT TRANSFERS.
- What does HB7 do?
- In its own words: An act relating to workforce development; making annual transfers from the workforce development and apprenticeship trust fund to the public works apprentice and training fund and annual appropriations to the workforce solutions department to carry out the purposes of the apprenticeship assistance act; making appropriations.
- What is the status of HB7?
- Signed into law as of March 4, 2026. Latest action: Signed by Governor - Chapter 24 - Mar. 4 (March 4, 2026).
- Who sponsored HB7?
- Joy Garratt (D, HD-029), with 6 co-sponsors.
- Where is the official record for HB7?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=7&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.