New Mexico SB9: MEDICAID TRUST FUND

What the bill says

An act authorizing a transfer from the general fund to the medicaid trust fund.

From the introduced text, January 20, 2026:

AN ACT AUTHORIZING A TRANSFER FROM THE GENERAL FUND TO THE MEDICAID TRUST FUND. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. GENERAL FUND TRANSFER.--One billion dollars ($1,000,000,000) is transferred from the general fund to the medicaid trust fund in fiscal year 2027. .232843.1

Read the full official text

Sponsors

• Elizabeth "Liz" Stefanics (D, SD-039) · primary sponsor
• William E. Sharer (R, SD-001)
• Pete Campos (D, SD-008)
• Antoinette Sedillo Lopez (D, SD-016)
• Shannon D. Pinto (D, SD-003)
• Heather Berghmans (D, SD-015)
• Angel M. Charley (D, SD-030)
• Katy Duhigg (D, SD-010)
• Natalie Figueroa (D, SD-018)
• Roberto "Bobby" J. Gonzales (D, SD-006)
• Pamelya Herndon (D, HD-028)
• Martin Hickey (D, SD-020)

Latest actions

1. January 29, 2026: SHPAC: Reported by committee with Do Pass recommendation
2. January 21, 2026: SCC: Reported by committee to fall within the purview of a 30 day session
3. January 20, 2026: Sent to SCC - Referrals: SCC/SHPAC/SFC
4. : Action Postponed Indefinitely

Common questions

What is SB9?

SB9 is a bill in the New Mexico Legislature (2026 Regular Session): MEDICAID TRUST FUND.

What does SB9 do?

In its own words: An act authorizing a transfer from the general fund to the medicaid trust fund.

What is the status of SB9?

In committee as of January 29, 2026. Latest action: SHPAC: Reported by committee with Do Pass recommendation (January 29, 2026).

Who sponsored SB9?

Elizabeth "Liz" Stefanics (D, SD-039), with 11 co-sponsors.

Where is the official record for SB9?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=9&year=26