New Mexico HB224: MEDICAL CARE EXPENSES TAX DEDUCTION

What the bill says

An act relating to taxation; amending and expanding an income tax deduction for unreimbursed or uncompensated medical care expenses to taxpayers of all income levels.

From the introduced text, January 29, 2026:

AN ACT RELATING TO TAXATION; AMENDING AND EXPANDING AN INCOME TAX DEDUCTION FOR UNREIMBURSED OR UNCOMPENSATED MEDICAL CARE EXPENSES TO TAXPAYERS OF ALL INCOME LEVELS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 7-2-37 NMSA 1978 (being Laws 2015 (1st S.S.), Chapter 2, Section 3) is amended to read: "7-2-37. DEDUCTION--UNREIMBURSED OR UNCOMPENSATED MEDICAL CARE EXPENSES.-- A. [Prior to January 1, 2025] A taxpayer may claim a deduction from net income in an amount [determined pursuant to Subsection B of this section for medical care] equal to medical expenses paid during the taxable year for medical care of the taxpayer, the taxpayer's spouse or a dependent if the expenses are not reimbursed or compensated for by insurance or .233220.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ otherwise and have not been included in the taxpayer's itemized deductions, as defined in Section 63 of the Internal Revenue Code, for the taxable year. [B. The deduction provided in Subsection A of this section may be claimed in an amount equal to the following percentage of medical care expenses paid during the taxable year based on the taxpayer's filing status and adjusted gross income as follows: (1) for surviving spouses and married individuals filing joint returns: If adjusted gross income is: The following percent of …

Read the full official text

Sponsors

• Randall T. Pettigrew (R, HD-061) · primary sponsor
• Gail Armstrong (R, HD-049)

Latest actions

1. February 6, 2026: HHHC: Reported by committee with Do Pass recommendation
2. January 29, 2026: Sent to HHHC - Referrals: HHHC/HTRC
3. : Action Postponed Indefinitely

Common questions

What is HB224?

HB224 is a bill in the New Mexico Legislature (2026 Regular Session): MEDICAL CARE EXPENSES TAX DEDUCTION.

What does HB224 do?

In its own words: An act relating to taxation; amending and expanding an income tax deduction for unreimbursed or uncompensated medical care expenses to taxpayers of all income levels.

What is the status of HB224?

In committee as of February 6, 2026. Latest action: HHHC: Reported by committee with Do Pass recommendation (February 6, 2026).

Who sponsored HB224?

Randall T. Pettigrew (R, HD-061), with 1 co-sponsor.

Where is the official record for HB224?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=224&year=26