New Mexico legislation · 2026 Regular Session
New Mexico HB47: SCHOOL EMPLOYEE INSURANCE PROGRAMS
Status: Signed into law, March 9, 2026
What the bill says
An act relating to insurance; amending the group insurance contributions for school districts and charter schools; eliminating waivers for school district and charter school participation in public school insurance authority health, disability income and term life plans; requiring referencebased pricing; requiring a study of the sustainability of insurance programs for public school employees.
From the enrolled text, March 9, 2026:
AN ACT RELATING TO INSURANCE; AMENDING THE GROUP INSURANCE CONTRIBUTIONS FOR SCHOOL DISTRICTS AND CHARTER SCHOOLS; ELIMINATING WAIVERS FOR SCHOOL DISTRICT AND CHARTER SCHOOL PARTICIPATION IN PUBLIC SCHOOL INSURANCE AUTHORITY HEALTH, DISABILITY INCOME AND TERM LIFE PLANS; REQUIRING REFERENCEBASED PRICING; REQUIRING A STUDY OF THE SUSTAINABILITY OF INSURANCE PROGRAMS FOR PUBLIC SCHOOL EMPLOYEES. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 10-7-4 NMSA 1978 (being Laws 1941, Chapter 188, Section 1, as amended) is amended to read: "10-7-4. GROUP INSURANCE--CAFETERIA PLAN--CONTRIBUTIONS FROM PUBLIC FUNDS.-- A. All state departments and institutions and all political subdivisions of the state, excluding municipalities, counties and political subdivisions of the state with twenty-five employees or fewer, shall cooperate in providing group term life, medical or disability income insurance for the benefit of eligible employees or salaried officers of the respective departments, institutions and political subdivisions. B. The group insurance contributions of the state or any of its departments or institutions, including institutions of higher education, shall be made as follows: HAFC/HB Page (1) at least seventy-five percent of the cost of the insurance of an employee whose annual salary is less than fifteen thousand dollars ($15,000); (2) at least seventy percent of the cost of the insurance of an employee whose annual salary is fifteen thousand dollars ($15,000) …
Sponsors
- Raymundo Lara (D, HD-034) · primary sponsor
- Natalie Figueroa (D, SD-018)
- Mimi Stewart (D, SD-017)
- Tanya Mirabal Moya (R, HD-007)
- Brian G. Baca (R, HD-008)
- Heather Berghmans (D, SD-015)
- Cynthia Borrego (D, HD-017)
- Angelita Mejia (R, HD-058)
- Harold Pope (D, SD-023)
- Patricia Roybal Caballero (D, HD-013)
Latest actions
- : Signed by Governor - Chapter 52 - Mar. 9
- : Passed in the Senate - Y:36 N:0
- : SEC: Reported by committee with Do Pass recommendation
- : Sent to SEC - Referrals: SEC
- : Passed in the House of Representatives - Y:61 N:0
- : HAFC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution
- : HEC: Reported by committee with Do Pass recommendation with amendment(s)
- : Sent to HEC - Referrals: HEC/HAFC
- : Sent to HPREF - Referrals: HPREF
Votes
- Senate Floor Vote (February 18, 2026): 36 yea, 0 nay, passed
- House Floor Vote (February 11, 2026): 61 yea, 0 nay, passed
Subjects: EDUCATION, PUBLIC SCHOOLS, INSURANCE
Common questions
- What is HB47?
- HB47 is a bill in the New Mexico Legislature (2026 Regular Session): SCHOOL EMPLOYEE INSURANCE PROGRAMS.
- What does HB47 do?
- In its own words: An act relating to insurance; amending the group insurance contributions for school districts and charter schools; eliminating waivers for school district and charter school participation in public school insurance authority health, disability income and term life plans; requiring referencebased pricing; requiring a study of the sustainability of insurance programs for public school employees.
- What is the status of HB47?
- Signed into law as of March 9, 2026. Latest action: Signed by Governor - Chapter 52 - Mar. 9 (March 9, 2026).
- Who sponsored HB47?
- Raymundo Lara (D, HD-034), with 9 co-sponsors.
- Where is the official record for HB47?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=47&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.