New Mexico legislation · 2026 Regular Session
New Mexico HM41: STUDY PUBLICLY OWNED UTILITY
Status: Introduced, February 3, 2026
What the bill says
From the introduced text, February 3, 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 A MEMORIAL REQUESTING THE UNIVERSITY OF NEW MEXICO BUREAU OF BUSINESS AND ECONOMIC RESEARCH TO CONDUCT AND OVERSEE A STUDY TO DETERMINE THE GENERAL FEASIBILITY OF CREATING A PUBLICLY OWNED ELECTRIC UTILITY. WHEREAS, reliable and resilient energy infrastructure is essential to support the health, safety and economic security and meet the needs of residents across New Mexico; and WHEREAS, publicly owned electric utilities offer a state the opportunity to safeguard critical energy infrastructure, ensuring reliable service delivery that is aligned with the public interest; and WHEREAS, residential customers served by publicly owned electric utilities pay the lowest electricity bills on average in thirty-five states, reflecting the not-for-profit, .233433.2 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ community-owned structure of the publicly owned electric utility model; and WHEREAS, many publicly owned electric utilities use power purchase agreements to supplement their owned generation resources, with more than twenty-three thousand megawatts of renewable energy being contracted through power purchase agreements in 2023; and WHEREAS, despite only ten percent of electricity in the United States coming from publicly owned electric utilities, approximately forty percent of that electricity is generated from non-carbon emitting sources; and WHEREAS, …
Sponsors
- Patricia Roybal Caballero (D, HD-013) · primary sponsor
- Harold Pope (D, SD-023)
Latest actions
- : Sent to HENRC - Referrals: HENRC
- : Action Postponed Indefinitely
Subjects: MEMORIALS, OTHER, UTILITIES (sewer, electric, gas, water, telephone)
Common questions
- What is HM41?
- HM41 is a bill in the New Mexico Legislature (2026 Regular Session): STUDY PUBLICLY OWNED UTILITY.
- What is the status of HM41?
- Introduced as of February 3, 2026. Latest action: Sent to HENRC - Referrals: HENRC (February 3, 2026).
- Who sponsored HM41?
- Patricia Roybal Caballero (D, HD-013), with 1 co-sponsor.
- Where is the official record for HM41?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=M&legNo=41&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.