Senate lawmakers pass budget proposal for New Mexico which heads back to the House for final vote

New Mexico budget bill clears Senate without state worker raises

House Representatives will have to sign off on the overhauled bill before it goes to Gov. Michelle Lujan Grisham to be signed into law.

Senate lawmakers pass budget proposal for New Mexico which heads back to the House for final vote

SANTA FE, N.M. (KRQE) – Lawmakers are close to sending the largest budget in New Mexico state history to Governor Michelle Lujan Grisham's desk. The budget, HB 2, was debated for nearly two hours on the Senate floor before it passed.  Democratic Senator George Muñoz presented the budget earlier today, calling it "structurally sound." "This is a balanced budget, it proves we can meet the moment. We're investing boldly in people, [...]

Senate Passes Budget That ‘Meets The Moment’

SENATE DEMOCRATS NEWS RELEASE $11.1 billion budget maintains 28% reserves while making smart investments in health care, early childhood, and public safety. The New Mexico Senate today passed House Bill 2, the state budget for fiscal year 2027, totaling $11.1 billion in planned spending. This represents a year-over-year increase of 2.6%. The Senate Finance Committee’s amendments to the House version prioritize strategic investments in healthcare…