New Mexico 2026 Regular Session Status: In Committee 1 D cosponsors

SB 118 — BACK-TO-SCHOOL TAX HOLIDAY PRICE LIMITS

Last action — action postponed indefinitely

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced January 23, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

How this bill changes current law

3 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill increases the sale price limits for certain back-to-school items eligible for gross receipts tax deductions by fifty percent.

  • Section 7-9-95 NMSA 1978

    one hundred dollars ($100) → one hundred fifty dollars ($150)

    The maximum sales price for clothing items that can be deducted is increased from $100 to $150.

  • Section 7-9-95 NMSA 1978

    one thousand dollars ($1,000) → one thousand five hundred dollars ($1,500)

    The maximum sales price for desktop, laptop, or notebook computers eligible for deduction is increased from $1,000 to $1,500.

  • Section 7-9-95 NMSA 1978

    five hundred dollars ($500) → seven hundred fifty dollars ($750)

    The maximum sales price for associated devices like monitors and printers eligible for deduction is increased from $500 to $750.

Action History

  1. action postponed indefinitely

  2. germane

  3. Sent to Senate Committees' Committee & Senate Tax, Business and Transportation Committee & Senate Finance Committee

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 111 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (111)

111 members have not signed on to this bill.

Show all 111 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation education
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 118?
SB 118 is sponsored by Harold Pope (Democrat).
What is the current status of SB 118?
This bill is in committee in the Senate. Introduced January 23, 2026. It must pass committee before a floor vote.
Where can I track SB 118?
Track SB 118 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 2 months ago · updated continuously

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