New Mexico legislation · 2026 Regular Session
New Mexico HM6: PRIVATE EQUITY INFRASTRUCTURE OWNERSHIP
Status: Introduced, January 27, 2026
What the bill says
From the introduced text, January 16, 2026:
wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ HOUSE MEMORIAL 57TH LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 2026 INTRODUCED BY Patricia Roybal Caballero and Harold Pope and Kathleen Cates and Janelle Anyanonu A MEMORIAL REQUESTING A COMPREHENSIVE STUDY OF PRIVATE EQUITY OWNERSHIP AND CONTROL OF ESSENTIAL GAS AND ELECTRIC UTILITIES AND OTHER CRITICAL INFRASTRUCTURE IN NEW MEXICO. WHEREAS, gas and electric utilities and other essential infrastructure in New Mexico provide services that are foundational to public health, economic stability, emergency response and community well-being; and WHEREAS, utility services function as regulated monopolies, are supported by ratepayer dollars and public financing mechanisms and require long-term capital investment, maintenance and operational continuity; and WHEREAS, private equity firms have acquired or sought controlling interests in essential service providers across the United States, raising questions for states about transparency, .233150.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ regulatory capacity and public leverage; and WHEREAS, scholarly research indicates that private equity transactions commonly use high-leverage and financialextraction mechanisms, including dividend recapitalizations and fee structures that can increase financial distress risk and weaken the operating resilience of assets; and WHEREAS, wildfire risk and other climate-driven hazards create significant and growing danger for utilities, and longterm mitigation and maintenance investment is central to public safety and affordability; and WHEREAS, reports on investor-owned utilities …
Sponsors
- Patricia Roybal Caballero (D, HD-013) · primary sponsor
- Harold Pope (D, SD-023)
- Kathleen Cates (D, HD-044)
- Janelle Anyanonu (D, HD-019)
Latest actions
- : Sent to HCEDC - Referrals: HCEDC
- : Action Postponed Indefinitely
- : Sent to HPREF - Referrals: HPREF
Subjects: MEMORIALS, OTHER
Common questions
- What is HM6?
- HM6 is a bill in the New Mexico Legislature (2026 Regular Session): PRIVATE EQUITY INFRASTRUCTURE OWNERSHIP.
- What is the status of HM6?
- Introduced as of January 27, 2026. Latest action: Sent to HCEDC - Referrals: HCEDC (January 27, 2026).
- Who sponsored HM6?
- Patricia Roybal Caballero (D, HD-013), with 3 co-sponsors.
- Where is the official record for HM6?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=M&legNo=6&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.