New Mexico SB271: PUBLIC PEACE, HEALTH, SAFETY & WELFARE

What the bill says

An act relating to the public peace, health, safety and welfare; prohibiting private equity groups and hedge funds from interfering with the professional judgment of health care providers.

From the committee substitute text, February 13, 2026:

AN ACT RELATING TO THE PUBLIC PEACE, HEALTH, SAFETY AND WELFARE; PROHIBITING PRIVATE EQUITY GROUPS AND HEDGE FUNDS FROM INTERFERING WITH THE PROFESSIONAL JUDGMENT OF HEALTH CARE PROVIDERS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. [NEW MATERIAL] PRIVATE EQUITY GROUP AND HEDGE FUND OWNERSHIP IN HEALTH CARE.-- A. As used in this section: (1) "authority" means the health care authority; (2) "control" means the power to direct or cause the direction of the management and policies of a health care facility, whether directly or indirectly, including through the ownership of voting securities, through licensing .233998.2 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ S__/SB or franchise agreements or by contract other than a commercial contract for goods or nonmanagement services, unless the power is the result of an official position with or corporate office held by an individual; (3) "health care facility" means a facility licensed by the authority to provide health care services in a health care setting. "Health care facility" does not include: (a) a hospital that is owned or operated by a local, state or federal government; or (b) a health care organization owned or controlled by one or more health care providers who are natural persons that provide health care services in New Mexico; (4) "health care provider" means …

Read the full official text

Sponsors

• Linda M. López (D, SD-011) · primary sponsor

Latest actions

1. February 13, 2026: Sent to SCC - Referrals: SCC/STBTC
2. February 13, 2026: Withdrawn from committee or daily calendar for subsequent action
3. February 4, 2026: Not Printed
4. : Action Postponed Indefinitely

Common questions

What is SB271?

SB271 is a bill in the New Mexico Legislature (2026 Regular Session): PUBLIC PEACE, HEALTH, SAFETY & WELFARE.

What does SB271 do?

In its own words: An act relating to the public peace, health, safety and welfare; prohibiting private equity groups and hedge funds from interfering with the professional judgment of health care providers.

What is the status of SB271?

Failed as of February 13, 2026. Latest action: Sent to SCC - Referrals: SCC/STBTC (February 13, 2026).

Who sponsored SB271?

Linda M. López (D, SD-011).

Where is the official record for SB271?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=271&year=26