New Mexico SB185: INCREASE GASOLINE TAX

What the bill says

An act relating to taxation; increasing the gasoline tax.

From the introduced text, January 29, 2026:

AN ACT RELATING TO TAXATION; INCREASING THE GASOLINE TAX. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 7-13-3 NMSA 1978 (being Laws 1971, Chapter 207, Section 3, as amended) is amended to read: "7-13-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS "GASOLINE TAX".-- A. For the privilege of receiving gasoline in this state, there is imposed an excise tax at a rate provided in Subsection B of this section on each gallon of gasoline received in New Mexico. B. The tax imposed by Subsection A of this section shall be [seventeen cents ($.17)] twenty cents ($.20) per gallon received in New Mexico. C. The tax imposed by this section may be called .233455.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ the "gasoline tax"." SECTION 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2026. - 2 - .233455.1

Read the full official text

Sponsors

• William P. Soules (D, SD-037) · primary sponsor

Latest actions

1. January 30, 2026: SCC: Reported by committee to fall within the purview of a 30 day session
2. January 29, 2026: Sent to SCC - Referrals: SCC/STBTC/SFC
3. : Action Postponed Indefinitely

Common questions

What is SB185?

SB185 is a bill in the New Mexico Legislature (2026 Regular Session): INCREASE GASOLINE TAX.

What does SB185 do?

In its own words: An act relating to taxation; increasing the gasoline tax.

What is the status of SB185?

In committee as of January 30, 2026. Latest action: SCC: Reported by committee to fall within the purview of a 30 day session (January 30, 2026).

Who sponsored SB185?

William P. Soules (D, SD-037).

Where is the official record for SB185?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=185&year=26