New Mexico SB217: LIQUOR TAX CHANGES

What the bill says

An act relating to taxation; amending the distributions of the liquor excise tax; amending definitions in the liquor excise tax act; imposing a liquor excise surtax on retailers; distributing the revenue from the surtax to a new tribal alcohol harms alleviation fund; excluding the taxes imposed by the liquor excise tax from the definition of "gross receipts" in the gross receipts and compensating tax act.

From the introduced text, February 2, 2026:

AN ACT RELATING TO TAXATION; AMENDING THE DISTRIBUTIONS OF THE LIQUOR EXCISE TAX; AMENDING DEFINITIONS IN THE LIQUOR EXCISE TAX ACT; IMPOSING A LIQUOR EXCISE SURTAX ON RETAILERS; DISTRIBUTING THE REVENUE FROM THE SURTAX TO A NEW TRIBAL ALCOHOL HARMS ALLEVIATION FUND; EXCLUDING THE TAXES IMPOSED BY THE LIQUOR EXCISE TAX FROM THE DEFINITION OF "GROSS RECEIPTS" IN THE GROSS RECEIPTS AND COMPENSATING TAX ACT. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 7-1-6.40 NMSA 1978 (being Laws 1997, Chapter 182, Section 1, as amended) is amended to read: "7-1-6.40. DISTRIBUTION OF LIQUOR EXCISE TAX--LOCAL DWI GRANT FUND--CERTAIN MUNICIPALITIES--DRUG COURT FUND.-- A. A distribution pursuant to Section 7-1-6.1 NMSA 1978 in an amount equal to forty-five percent of the net .232642.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ receipts attributable to the liquor excise tax shall be made to the local DWI grant fund. B. A distribution pursuant to Section 7-1-6.1 NMSA 1978 of twenty thousand seven hundred fifty dollars ($20,750) monthly from the net receipts attributable to the liquor excise tax shall be made to a municipality that is located in a class A county and that has a population according to the most recent federal decennial census of more than thirty thousand but less than sixty thousand and shall be …

Read the full official text

Sponsors

• Antoinette Sedillo Lopez (D, SD-016) · primary sponsor
• Shannon D. Pinto (D, SD-003)
• Joanne Ferrary (D, HD-037)
• Cristina Parajón (D, HD-025)
• Angel M. Charley (D, SD-030)

Latest actions

1. February 2, 2026: Sent to SCC - Referrals: SCC/STBTC/SFC
2. : Action Postponed Indefinitely

Common questions

What is SB217?

SB217 is a bill in the New Mexico Legislature (2026 Regular Session): LIQUOR TAX CHANGES.

What does SB217 do?

In its own words: An act relating to taxation; amending the distributions of the liquor excise tax; amending definitions in the liquor excise tax act; imposing a liquor excise surtax on retailers; distributing the revenue from the surtax to a new tribal alcohol harms alleviation fund; excluding the taxes imposed by the liquor excise tax from the definition of "gross receipts" in the gross receipts and compensating tax act.

What is the status of SB217?

In committee as of February 2, 2026. Latest action: Sent to SCC - Referrals: SCC/STBTC/SFC (February 2, 2026).

Who sponsored SB217?

Antoinette Sedillo Lopez (D, SD-016), with 4 co-sponsors.

Where is the official record for SB217?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=217&year=26