HB 298 — Rail Infrastructure Tax Credit
Last action — Action Postponed Indefinitely
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1Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill has been introduced in the House. Introduced February 03, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Odds of enactment
Low chanceBased on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
Advancing
46% · moderate confidence
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Introduced
Current position in the legislative process.
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2 sponsors
1 primary, 1 co-sponsors signed on.
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Bipartisan support
Sponsored across 2 parties (1 R · 1 D) — cross-party backing.
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Cleared a recorded vote
Passed 4 recorded votes so far.
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 298 on the official New Mexico source →Action History
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Action Postponed Indefinitely
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HCEDC: Reported by committee with Do Pass recommendation with amendment(s)
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Sent to HCEDC - Referrals: HCEDC/HTRC
Sponsors
- Luis M. Terrazas · Primary
- Derrick J. Lente · Cosponsor
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 110 not signed on · 1 voted No
Sponsors (1)
- Luis M. Terrazas Republican
Co-sponsors (1)
- Derrick J. Lente Democrat
Not signed on (110)
110 members have not signed on to this bill.
Show all 110 →"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
Votes
Passed
38 Yea
·
0 Nay
·
4 Other
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 22 | 0 | 0 | 3 |
| Republican | 14 | 0 | 0 | 1 |
| Unaffiliated | 2 | 0 | 0 | 0 |
| Total | 38 | 0 | 0 | 4 |
| % of votes cast | 90% | 0% | 0% | 10% |
How each member voted (42)
| Member | Party | Vote |
|---|---|---|
| PAUL | — | Yea |
| SEDILLO-LOPEZ | — | Yea |
| Angel M. Charley | Democrat | Yea |
| Antoinette Sedillo Lopez | Democrat | Not Voting |
| Antonio Maestas | Democrat | Yea |
| Benny Shendo, Jr. | Democrat | Yea |
| Carrie Hamblen | Democrat | Yea |
| Cindy Nava | Democrat | Yea |
| Elizabeth "Liz" Stefanics | Democrat | Not Voting |
| George K. Muñoz | Democrat | Yea |
| Harold Pope | Democrat | Yea |
| Heather Berghmans | Democrat | Yea |
| Jeff Steinborn | Democrat | Yea |
| Joseph Cervantes | Democrat | Yea |
| Katy Duhigg | Democrat | Yea |
| Leo Jaramillo | Democrat | Yea |
| Linda M. Trujillo | Democrat | Yea |
| Martin Hickey | Democrat | Yea |
| Micaelita Debbie O'Malley | Democrat | Yea |
| Michael Padilla | Democrat | Yea |
| Mimi Stewart | Democrat | Not Voting |
| Natalie Figueroa | Democrat | Yea |
| Pete Campos | Democrat | Yea |
| Peter Wirth | Democrat | Yea |
| Roberto "Bobby" J. Gonzales | Democrat | Yea |
| Shannon D. Pinto | Democrat | Yea |
| William P. Soules | Democrat | Yea |
| Anthony L. Thornton | Republican | Yea |
| Candy Spence Ezzell | Republican | Yea |
| Craig W. Brandt | Republican | Yea |
| Crystal Brantley | Republican | Yea |
| David M. Gallegos | Republican | Yea |
| Gabriel Ramos | Republican | Yea |
| James G. Townsend | Republican | Yea |
| Jay C. Block | Republican | Yea |
| Joshua A. Sanchez | Republican | Not Voting |
| Larry R. Scott | Republican | Yea |
| Nicole Tobiassen | Republican | Yea |
| Pat Boone | Republican | Yea |
| Pat Woods | Republican | Yea |
| Steve D. Lanier | Republican | Yea |
| William E. Sharer | Republican | Yea |
Passed
62 Yea
·
0 Nay
·
8 Other
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 39 | 0 | 0 | 4 |
| Republican | 21 | 0 | 0 | 4 |
| Unaffiliated | 2 | 0 | 0 | 0 |
| Total | 62 | 0 | 0 | 8 |
| % of votes cast | 89% | 0% | 0% | 11% |
How each member voted (70)
| Member | Party | Vote |
|---|---|---|
| Hernandez, JF | — | Yea |
| Hernandez, JN | — | Yea |
| Andrea Romero | Democrat | Yea |
| Angelica Rubio | Democrat | Yea |
| Anita Gonzales | Democrat | Yea |
| Art De La Cruz | Democrat | Yea |
| Charlotte Little | Democrat | Yea |
| Christine Chandler | Democrat | Yea |
| Cristina Parajón | Democrat | Yea |
| Cynthia Borrego | Democrat | Yea |
| D. Wonda Johnson | Democrat | Yea |
| Dayan Hochman-Vigil | Democrat | Yea |
| Debra M. Sariñana | Democrat | Not Voting |
| Derrick J. Lente | Democrat | Not Voting |
| Doreen Y. Gallegos | Democrat | Yea |
| E. Diane Torres-Velásquez | Democrat | Yea |
| Eleanor Chávez | Democrat | Yea |
| Elizabeth "Liz" Thomson | Democrat | Yea |
| G. Andrés Romero | Democrat | Yea |
| Janelle Anyanonu | Democrat | Yea |
| Javier Martínez | Democrat | Yea |
| Joanne J. Ferrary | Democrat | Yea |
| Joseph Sanchez | Democrat | Yea |
| Joy Garratt | Democrat | Yea |
| Kathleen Cates | Democrat | Yea |
| Kristina Ortez | Democrat | Yea |
| Linda Serrato | Democrat | Yea |
| Marian Matthews | Democrat | Yea |
| Marianna Anaya | Democrat | Yea |
| Martha Garcia | Democrat | Yea |
| Matthew McQueen | Democrat | Yea |
| Meredith A. Dixon | Democrat | Yea |
| Micaela Lara Cadena | Democrat | Yea |
| Michelle Paulene Abeyta | Democrat | Yea |
| Miguel P. García | Democrat | Yea |
| Nathan P. Small | Democrat | Not Voting |
| Pamelya Herndon | Democrat | Yea |
| Patricia A. Lundstrom | Democrat | Not Voting |
| Patricia Roybal Caballero | Democrat | Yea |
| Raymundo Lara | Democrat | Yea |
| Reena Szczepanski | Democrat | Yea |
| Sarah Silva | Democrat | Yea |
| Susan K. Herrera | Democrat | Yea |
| Tara L. Lujan | Democrat | Yea |
| Yanira Gurrola | Democrat | Yea |
| Alan T. Martinez | Republican | Not Voting |
| Andrea Reeb | Republican | Not Voting |
| Angelita Mejia | Republican | Yea |
| Brian G. Baca | Republican | Yea |
| Catherine J. Cullen | Republican | Yea |
| Cathrynn N. Brown | Republican | Yea |
| Elaine Sena Cortez | Republican | Yea |
| Gail Armstrong | Republican | Yea |
| Harlan Vincent | Republican | Yea |
| Jack Chatfield | Republican | Yea |
| Jenifer Jones | Republican | Yea |
| Jimmy G. Mason | Republican | Yea |
| John Block | Republican | Yea |
| Jonathan A. Henry | Republican | Yea |
| Luis M. Terrazas | Republican | Yea |
| Mark B. Murphy | Republican | Yea |
| Mark Duncan | Republican | Yea |
| Martin R. Zamora | Republican | Yea |
| Nicole Chavez | Republican | Not Voting |
| Randall T. Pettigrew | Republican | Yea |
| Rebecca Dow | Republican | Yea |
| Rod Montoya | Republican | Yea |
| Stefani Lord | Republican | Yea |
| Tanya Mirabal Moya | Republican | Not Voting |
| William A. Hall II | Republican | Yea |
Passed
37 Yea
·
0 Nay
·
5 Other
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 4 | 0 | 0 | 1 |
| Unaffiliated | 16 | 0 | 0 | 2 |
| Democrat | 17 | 0 | 0 | 2 |
| Total | 37 | 0 | 0 | 5 |
| % of votes cast | 88% | 0% | 0% | 12% |
How each member voted (42)
| Member | Party | Vote |
|---|---|---|
| BURT | — | Yea |
| GALLEGOS | — | Yea |
| GRIGGS | — | Yea |
| IVEY-SOTO | — | Yea |
| McCUTCHEON | — | Yea |
| McKENNA | — | Yea |
| MOORES | — | Yea |
| NEVILLE | — | Yea |
| NIBERT | — | Yea |
| O'NEILL | — | Yea |
| ORTIZ y PINO | — | Yea |
| PIRTLE | — | Yea |
| RODRIGUEZ | — | Yea |
| SCHMEDES | — | Yea |
| SEDILLO-LOPEZ | — | Yea |
| TALLMAN | — | Yea |
| HEMPHILL | — | Not Voting |
| SANCHEZ | — | Not Voting |
| Antonio Maestas | Democrat | Yea |
| Benny Shendo, Jr. | Democrat | Yea |
| Carrie Hamblen | Democrat | Yea |
| Elizabeth "Liz" Stefanics | Democrat | Yea |
| George K. Muñoz | Democrat | Not Voting |
| Harold Pope | Democrat | Yea |
| Jeff Steinborn | Democrat | Yea |
| Joseph Cervantes | Democrat | Yea |
| Katy Duhigg | Democrat | Not Voting |
| Leo Jaramillo | Democrat | Yea |
| Linda M. López | Democrat | Yea |
| Martin Hickey | Democrat | Yea |
| Michael Padilla | Democrat | Yea |
| Mimi Stewart | Democrat | Yea |
| Pete Campos | Democrat | Yea |
| Peter Wirth | Democrat | Yea |
| Roberto "Bobby" J. Gonzales | Democrat | Yea |
| Shannon D. Pinto | Democrat | Yea |
| William P. Soules | Democrat | Yea |
| Brian G. Baca | Republican | Yea |
| Craig W. Brandt | Republican | Yea |
| Crystal Brantley | Republican | Yea |
| Pat Woods | Republican | Yea |
| William E. Sharer | Republican | Not Voting |
Passed
63 Yea
·
1 Nay
·
6 Other
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 10 | 0 | 0 | 2 |
| Democrat | 34 | 1 | 0 | 3 |
| Republican | 19 | 0 | 0 | 1 |
| Total | 63 | 1 | 0 | 6 |
| % of votes cast | 90% | 1% | 0% | 9% |
How each member voted (70)
| Member | Party | Vote |
|---|---|---|
| Alcon | — | Yea |
| Allison | — | Yea |
| Castellano | — | Yea |
| Chasey | — | Yea |
| Gallegos | — | Yea |
| Hembree | — | Yea |
| Hernandez | — | Yea |
| Lane | — | Yea |
| Madrid | — | Yea |
| Rehm | — | Yea |
| Harper | — | Not Voting |
| Sanchez | — | Not Voting |
| Andrea Romero | Democrat | Not Voting |
| Angelica Rubio | Democrat | Yea |
| Art De La Cruz | Democrat | Yea |
| Charlotte Little | Democrat | Yea |
| Christine Chandler | Democrat | Nay |
| Cristina Parajón | Democrat | Yea |
| Cynthia Borrego | Democrat | Yea |
| D. Wonda Johnson | Democrat | Yea |
| Dayan Hochman-Vigil | Democrat | Yea |
| Debra M. Sariñana | Democrat | Not Voting |
| Derrick J. Lente | Democrat | Yea |
| Eleanor Chávez | Democrat | Yea |
| Elizabeth "Liz" Thomson | Democrat | Yea |
| G. Andrés Romero | Democrat | Yea |
| Janelle Anyanonu | Democrat | Yea |
| Javier Martínez | Democrat | Yea |
| Joanne J. Ferrary | Democrat | Yea |
| Joy Garratt | Democrat | Yea |
| Kathleen Cates | Democrat | Yea |
| Kristina Ortez | Democrat | Yea |
| Leo Jaramillo | Democrat | Yea |
| Linda Serrato | Democrat | Yea |
| Marian Matthews | Democrat | Yea |
| Martha Garcia | Democrat | Yea |
| Matthew McQueen | Democrat | Yea |
| Meredith A. Dixon | Democrat | Yea |
| Micaela Lara Cadena | Democrat | Yea |
| Miguel P. García | Democrat | Yea |
| Natalie Figueroa | Democrat | Yea |
| Nathan P. Small | Democrat | Not Voting |
| Pamelya Herndon | Democrat | Yea |
| Patricia A. Lundstrom | Democrat | Yea |
| Patricia Roybal Caballero | Democrat | Yea |
| Raymundo Lara | Democrat | Yea |
| Reena Szczepanski | Democrat | Yea |
| Susan K. Herrera | Democrat | Yea |
| Tara L. Lujan | Democrat | Yea |
| Yanira Gurrola | Democrat | Yea |
| Alan T. Martinez | Republican | Yea |
| Andrea Reeb | Republican | Yea |
| Brian G. Baca | Republican | Not Voting |
| Candy Spence Ezzell | Republican | Yea |
| Cathrynn N. Brown | Republican | Yea |
| Gail Armstrong | Republican | Yea |
| Harlan Vincent | Republican | Yea |
| Jack Chatfield | Republican | Yea |
| James G. Townsend | Republican | Yea |
| Jenifer Jones | Republican | Yea |
| Jimmy G. Mason | Republican | Yea |
| John Block | Republican | Yea |
| Larry R. Scott | Republican | Yea |
| Luis M. Terrazas | Republican | Yea |
| Mark Duncan | Republican | Yea |
| Martin R. Zamora | Republican | Yea |
| Randall T. Pettigrew | Republican | Yea |
| Rod Montoya | Republican | Yea |
| Stefani Lord | Republican | Yea |
| Tanya Mirabal Moya | Republican | Yea |
Subjects
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Matching · Ranking · Engrossing
Frequently asked questions
- Who sponsors HB 298?
- HB 298 is sponsored by Luis M. Terrazas (Republican) and Derrick J. Lente (Democrat).
- What is the current status of HB 298?
- This bill has been introduced in the House. Introduced February 03, 2026. It must pass committee before a floor vote.
- Where can I track HB 298?
- Track HB 298 free on One Click Politics — get push/email alerts when it moves.
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