New Mexico legislation · 2026 Regular Session
New Mexico SB121: INCREASE TOBACCO PRODUCTS TAX
Status: In committee, January 23, 2026
What the bill says
An act relating to taxation; increasing the rate of the tobacco products tax; amending definitions in the tobacco products tax act; distributing the revenue from the increase in the tobacco products tax to a new nicotine use prevention and control fund.
From the introduced text, January 23, 2026:
AN ACT RELATING TO TAXATION; INCREASING THE RATE OF THE TOBACCO PRODUCTS TAX; AMENDING DEFINITIONS IN THE TOBACCO PRODUCTS TAX ACT; DISTRIBUTING THE REVENUE FROM THE INCREASE IN THE TOBACCO PRODUCTS TAX TO A NEW NICOTINE USE PREVENTION AND CONTROL FUND. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. [NEW MATERIAL] NICOTINE USE PREVENTION AND CONTROL FUND.--The "nicotine use prevention and control fund" is created in the state treasury. The fund consists of appropriations, donations, interest from investment of the fund and other money distributed to the fund. The fund shall be administered by the department of health, and money in the fund is subject to appropriation by the legislature to provide funds to that department to, in collaboration with the public education department and the higher education department, .233082.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ develop programs, educational materials and social and traditional media advertising on nicotine use prevention and control for persons five to twenty-five years of age. Disbursements from the fund shall be made by warrant of the secretary of finance and administration pursuant to vouchers signed by the secretary of health or the secretary's designee. Any unexpended balance remaining at the end of a fiscal year shall revert to the general fund. SECTION 2. A new section of …
Sponsors
- Martin Hickey (D, SD-020) · primary sponsor
Latest actions
- : Sent to SCC - Referrals: SCC/STBTC/SFC
- : Action Postponed Indefinitely
Subjects: ALCOHOL & DRUGS, TAXATION, OTHER (gas, cigarettes, etc.)
Common questions
- What is SB121?
- SB121 is a bill in the New Mexico Legislature (2026 Regular Session): INCREASE TOBACCO PRODUCTS TAX.
- What does SB121 do?
- In its own words: An act relating to taxation; increasing the rate of the tobacco products tax; amending definitions in the tobacco products tax act; distributing the revenue from the increase in the tobacco products tax to a new nicotine use prevention and control fund.
- What is the status of SB121?
- In committee as of January 23, 2026. Latest action: Sent to SCC - Referrals: SCC/STBTC/SFC (January 23, 2026).
- Who sponsored SB121?
- Martin Hickey (D, SD-020).
- Where is the official record for SB121?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=121&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.