New Mexico 2026 Regular Session Status: Enacted 1 D cosponsors

*HB 248 — General Obligation Bonds

Last action — Signed by Governor - Chapter 65 - Mar. 10

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

This bill has been enacted into law. Introduced January 30, 2026. Enacted.

Signed by Governor Michelle Lujan Grisham (Democratic) on February 18, 2026.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 52% · moderate confidence

  • Enacted

    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).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

We don't have the full text on file for this bill yet.

Read *HB 248 on the official New Mexico source →

Action History

  1. Signed by Governor - Chapter 65 - Mar. 10

  2. Passed in the Senate - Y:38 N:0

  3. SFC: Reported by committee with Do Pass recommendation

  4. Sent to SFC - Referrals: SFC

  5. Passed in the House of Representatives - Y:65 N:0

  6. HTRC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution

  7. Sent to HTRC - Referrals: HTRC

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

finance housing
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 *HB 248?
*HB 248 is sponsored by Derrick J. Lente (Democrat).
What is the current status of *HB 248?
This bill has been enacted into law. Introduced January 30, 2026. Enacted.
Where can I track *HB 248?
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Last checked for changes 3 months ago · updated continuously

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