New Mexico legislation · 2026 Regular Session
New Mexico HB85: MEDICAL PROVIDER LOAN-FOR-SERVICE PGMS
Status: Failed, January 22, 2026
What the bill says
An act relating to health care; increasing the number of physicians, physician assistants and advanced practice nurses practicing in new mexico through loan repayment and loan-for-service programs; requiring services in underserved areas of the state; creating a trust fund and a program fund; providing for distributions from the trust fund; making a transfer from the general fund to the medical provider recruitment trust fund; making an appropriation.
From the introduced text, January 15, 2026:
AN ACT RELATING TO HEALTH CARE; INCREASING THE NUMBER OF PHYSICIANS, PHYSICIAN ASSISTANTS AND ADVANCED PRACTICE NURSES PRACTICING IN NEW MEXICO THROUGH LOAN REPAYMENT AND LOAN-FOR-SERVICE PROGRAMS; REQUIRING SERVICES IN UNDERSERVED AREAS OF THE STATE; CREATING A TRUST FUND AND A PROGRAM FUND; PROVIDING FOR DISTRIBUTIONS FROM THE TRUST FUND; MAKING A TRANSFER FROM THE GENERAL FUND TO THE MEDICAL PROVIDER RECRUITMENT TRUST FUND; MAKING AN APPROPRIATION. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. A new section of Chapter 21 NMSA 1978 is enacted to read: "[NEW MATERIAL] MEDICAL PROVIDER RECRUITMENT TRUST FUND.-- A. The "medical provider recruitment trust fund" is created in the state treasury. The fund consists of .232868.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ distributions or appropriations from other funds in the state treasury, income from investment of the fund, gifts, grants, donations and any other deposits into the fund. Distributions from the fund to the medical provider recruitment program fund shall be as provided in this section. B. The state investment officer, subject to the approval of the state investment council, shall invest money in the 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 treasurer. C. The state investment officer …
Sponsors
- Joseph Sanchez (D, HD-040) · primary sponsor
- Sarah Silva (D, HD-053)
- Joseph Franklin Hernandez (D, HD-004)
- Rebecca Dow (R, HD-038)
- Jack Chatfield (R, HD-067)
- Brian G. Baca (R, HD-008)
- Cynthia Borrego (D, HD-017)
- Doreen Y. Gallegos (D, HD-052)
- Anita Gonzales (D, HD-070)
- D. Wonda Johnson (D, HD-005)
- Raymundo Lara (D, HD-034)
Latest actions
- : Not Printed
- : Action Postponed Indefinitely
- : Sent to HPREF - Referrals: HPREF
Subjects: HEALTH & HEALTH FACILITIES
Common questions
- What is HB85?
- HB85 is a bill in the New Mexico Legislature (2026 Regular Session): MEDICAL PROVIDER LOAN-FOR-SERVICE PGMS.
- What does HB85 do?
- In its own words: An act relating to health care; increasing the number of physicians, physician assistants and advanced practice nurses practicing in new mexico through loan repayment and loan-for-service programs; requiring services in underserved areas of the state; creating a trust fund and a program fund; providing for distributions from the trust fund; making a transfer from the general fund to the medical provider recruitment trust fund; making an appropriation.
- What is the status of HB85?
- Failed as of January 22, 2026. Latest action: Not Printed (January 22, 2026).
- Who sponsored HB85?
- Joseph Sanchez (D, HD-040), with 10 co-sponsors.
- Where is the official record for HB85?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=85&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.