2025 Regular SessionNew Mexico Legislature

SB162

Legislative Summary

Severance Tax Permanent Fund Investments

Demographic Impact

Overall analysis of equity impact

90% Positive
High ConfidenceView detailed demographic breakdown ↓

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Bill History

1/28/2025
Sent to STBTC - Referrals: STBTC/SFC
Senate
2/19/2025
STBTC: Reported by committee with Do Pass recommendation with amendment(s)
Senate
2/21/2025
SFC: Reported by committee with Do Pass recommendation with amendment(s)
Senate
2/26/2025
Passed in the Senate - Y:39 N:0
Senate
2/27/2025
Sent to HCEDC - Referrals: HCEDC/HTRC
House of Representatives

Amendments

House HCEDC1 SB162 231578.2 Committee Amendment

House HCEDC1 SB162 231578.2 Committee Amendment

3/3/2025Not Adopted

Senate STBTC1 SB162 231024.1 Committee Amendment

Senate STBTC1 SB162 231024.1 Committee Amendment

2/17/2025Not Adopted

Roll Call Votes

Senate Final Passage
2/26/2025
39
Yea
0
Nay
3
Not Voting
0
Absent
Result: PASSED

Status Information

Current Status
Engrossed(2/26/2025)
Chamber
House of Representatives
Committee
Commerce & Economic Development(House of Representatives)

Sponsors

Democrat: 1

Primary Sponsor

Pete Campos
Pete Campos
Democrat

Documents

Introduced
Bill Text1/28/2025126.1 KB
Misc
Misc2/21/202531.3 KB
Misc
Misc2/19/202533.8 KB
Fiscal Note
Fiscal Note2/17/2025372.9 KB