New Mexico HB29: MILITARY BASE IMPACT FUNDING

What the bill says

An act making an appropriation to the military base impact fund for the purposes of the fund.

From the introduced text, January 5, 2026:

AN ACT MAKING AN APPROPRIATION TO THE MILITARY BASE IMPACT FUND FOR THE PURPOSES OF THE FUND. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. APPROPRIATION.--Eight million dollars ($8,000,000) is appropriated from the general fund to the military base impact fund for expenditure in fiscal year 2027 and subsequent fiscal years for the purposes of the fund. Any unexpended balance remaining at the end of a fiscal year shall not revert to the general fund. .232630.1

Read the full official text

Sponsors

• Debra M. Sariñana (D, HD-021) · primary sponsor
• Harold Pope (D, SD-023)
• Alan T. Martinez (R, HD-023)
• Shannon D. Pinto (D, SD-003)
• John Block (R, HD-051)

Latest actions

1. February 4, 2026: HLVMC: Reported by committee with Do Pass recommendation
2. January 21, 2026: Sent to HLVMC - Referrals: HLVMC/HAFC
3. : Action Postponed Indefinitely
4. : Sent to HPREF - Referrals: HPREF

Common questions

What is HB29?

HB29 is a bill in the New Mexico Legislature (2026 Regular Session): MILITARY BASE IMPACT FUNDING.

What does HB29 do?

In its own words: An act making an appropriation to the military base impact fund for the purposes of the fund.

What is the status of HB29?

In committee as of February 4, 2026. Latest action: HLVMC: Reported by committee with Do Pass recommendation (February 4, 2026).

Who sponsored HB29?

Debra M. Sariñana (D, HD-021), with 4 co-sponsors.

Where is the official record for HB29?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=29&year=26