New Mexico SB204: FUNDING FOR TERMINATED RESEARCH PROJECTS

What the bill says

An act making an appropriation to the higher education department to supplement reduced or terminated federal funding for existing research projects at the university of new mexico, new mexico state university and the new mexico institute of mining and technology that are feasibly able to be completed but for the reduction or termination of such funding.

From the introduced text, January 30, 2026:

AN ACT MAKING AN APPROPRIATION TO THE HIGHER EDUCATION DEPARTMENT TO SUPPLEMENT REDUCED OR TERMINATED FEDERAL FUNDING FOR EXISTING RESEARCH PROJECTS AT THE UNIVERSITY OF NEW MEXICO, NEW MEXICO STATE UNIVERSITY AND THE NEW MEXICO INSTITUTE OF MINING AND TECHNOLOGY THAT ARE FEASIBLY ABLE TO BE COMPLETED BUT FOR THE REDUCTION OR TERMINATION OF SUCH FUNDING. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. APPROPRIATION.--One hundred million dollars ($100,000,000) is appropriated from the general fund to the higher education department for expenditure in fiscal years 2027 and 2028 to supplement reduced or terminated federal funding for existing research projects at the university of New Mexico, New Mexico state university and the New Mexico institute of mining and technology that are feasibly able to be .232957.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ completed but for the reduction or termination in such funding. Any unexpended balance remaining at the end of fiscal year 2028 shall revert to the general fund. - 2 - .232957.1

Read the full official text

Sponsors

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

Latest actions

1. February 6, 2026: SEC: Reported by committee with Do Pass recommendation
2. February 2, 2026: SCC: Reported by committee to fall within the purview of a 30 day session
3. January 30, 2026: Sent to SCC - Referrals: SCC/SEC/SFC
4. : Action Postponed Indefinitely

Common questions

What is SB204?

SB204 is a bill in the New Mexico Legislature (2026 Regular Session): FUNDING FOR TERMINATED RESEARCH PROJECTS.

What does SB204 do?

In its own words: An act making an appropriation to the higher education department to supplement reduced or terminated federal funding for existing research projects at the university of new mexico, new mexico state university and the new mexico institute of mining and technology that are feasibly able to be completed but for the reduction or termination of such funding.

What is the status of SB204?

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

Who sponsored SB204?

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

Where is the official record for SB204?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=204&year=26