Sat Mar 8 4:59PM - 13 days, 18 hours left in session
| Sponsors | ||
|---|---|---|
| Sen. Pat Woods | 7 | Curry, Harding, Quay & Union |
| Sen. George K. Muñoz | 4 | Cibola, McKinley & San Juan |
| Sen. William E. Sharer | 1 | San Juan |
| Sen. David M. Gallegos | 41 | Eddy & Lea |
| Status | |||
|---|---|---|---|
| SRC ✓ | Passed, Mar 5, with Do Pass recommendation | ||
| SFC | [Referred, not scheduled] | ||
This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.
Actions: [8] SRC/SFC-SRC [11] DP-SFC
| Legis Day | Action | Details | ||
|---|---|---|---|---|
| 8 | referred | SRC/SFC | ||
| 8 | sent | SRC | ||
| 11 | passed | SRC (view committee report) | DP | 5-2; nays: Jaramillo, Stefanics |
| 11 | sent | SFC |
This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.
| Feb 20 | filed: [Prefiled by Pat Woods et al; not yet on nmlegis] |
| [new] | |
| sent to SRC | |
| title: '[prefiled by Pat Woods Et Al; Not Yet on Nmlegis]' -> 'Severance Tax Bonding Capacity Allocations' | |
| actions: 'SPREF' -> '[8] SRC/SFC-SRC' | |
| new sponsor: Pat Woods | |
| new sponsor: George K. Muñoz | |
| new sponsor: William E. Sharer | |
| new sponsor: David M. Gallegos | |
| Mar 4 | scheduled for SRC on Wed Mar 5, 08:30 |
| Mar 5 | passed SRC; sent to SFC |
| actions: '[8] SRC/SFC-SRC' -> '+ [11] DP-SFC' |
SENATE BILL 514
57th legislature - STATE OF NEW MEXICO - first session, 2025
INTRODUCED BY
Pat Woods and George K. Muñoz and William E. Sharer
and David M. Gallegos
AN ACT
RELATING TO THE CAPITAL PROJECTS PROCESS; CODIFYING THE LONG-HELD PRACTICE OF ALLOCATING SEVERANCE TAX BONDING CAPACITY AMONG THE HOUSE OF REPRESENTATIVES, THE SENATE AND THE GOVERNOR IN EQUAL SHARES; LIMITING GUBERNATORIAL PROJECTS TO STATE PROJECTS OR PROJECTS OF STATEWIDE OR REGIONAL SIGNIFICANCE.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. A new section of the Severance Tax Bonding Act is enacted to read:
"[NEW MATERIAL] BONDING CAPACITY--ALLOCATION.--Once the state board of finance has determined the year's estimated bonding capacity available for the authorization for issuance of severance tax bonds, after other statutory requirements have been met, the remaining bonding capacity shall be allocated equally among the house of representatives, the senate and the governor and equally among the members in the house of representatives and equally among the members in the senate. The governor's share shall be committed to the acquisition or improvement of state assets and capital projects of statewide or regional significance."
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