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HB 2

GENERAL APPROPRIATION ACT OF 2026

2026 Regular Session Introduced by Meredith Dixon and 1 co-sponsor

New Mexico's FY2026 General Appropriation Act allocates state funds across all agencies; passed legislature with amendments after initial rejection.

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Bill Summary · HB 2

Legislative bill overview

HB 2 is New Mexico's General Appropriation Act for fiscal year 2026, which allocates state funds across all government agencies and programs. This omnibus spending bill passed both the House and Senate with amendments, establishing the state's annual budget priorities and funding levels.

Why is this important

The General Appropriation Act is the primary mechanism through which New Mexico allocates roughly $8+ billion in annual state revenues to schools, healthcare, infrastructure, law enforcement, and other essential services. Every state agency's operations and programs depend on the funding levels set in this bill, making it one of the most consequential pieces of legislation passed each year.

Potential points of contention

  • Agency prioritization disputes: Different stakeholders (education advocates, healthcare providers, public safety unions) likely competed for limited resources, with winners and losers in the final allocations
  • Amendment controversies: The House initially rejected the bill (DO NOT PASS vote on 2/3), then the Senate amended it again (2/15), suggesting significant disagreements over spending priorities were resolved through compromise language
  • Economic constraints: New Mexico's revenue forecasts and budget surplus/deficit status would have driven debates over whether to expand programs, maintain baseline funding, or build reserves

Compiled from official sources — confirm details with the bill’s official record.

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