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Did Not Advance

New Mexico creates All Cities and Counties Fund to distribute gross receipts tax revenue

Original title: CREATE ALL CITIES & COUNTIES FUND

Last action · February 2, 2026: HGEIC: Reported by committee with Do Pass recommendationSponsors: Gail Armstrong and 3 others

Introduced
Committee
Floor Vote
Passed
Law

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Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Proposed

Official description

CREATE ALL CITIES & COUNTIES FUND

Why it matters

Local governments across New Mexico stand to receive regular revenue distributions calculated from state tax collections and local population metrics, altering municipal and county funding streams.

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

municipalities

Municipalities receive annual financial transfers calculated from the all cities and counties fund based on population and local tax revenue.

Directly affected

counties

Counties receive annual financial transfers calculated from the all cities and counties fund based on county area population and local tax revenue.

Directly affected

Taxation and Revenue Department

The department is required to calculate transfer amounts and certify them annually to the state treasurer.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Where does the money for the All Cities and Counties Fund come from?
The fund receives eight percent of the net receipts attributable to the distributable to the general fund.
Who calculates how much money each municipality and county receives?
The Taxation and Revenue Department calculates the amounts based on population and local tax revenue formulas.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

This bill did not become law - Died at adjournment · in House committee.

Procedural history

2 actions
  1. Feb 2, 2026House
    HGEIC: Reported by committee with Do Pass recommendation
  2. Jan 26, 2026HouseCommittee
    Sent to HGEIC - Referrals: HGEIC/HTRC

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

United States Census Bureau, Taxation and Revenue Department, State of New Mexico
OrganizationUnited States Census Bureau“Publishes population estimates used in fund distribution formulas”Map →
OrganizationTaxation and Revenue Department“Calculates and certifies transfer amounts for municipalities and counties”Map →
locationState of New Mexico“State government entity implementing the fund and tax distributions”Map →

Sources

Open source document

www.nmlegis.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 75)
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz35
    Current news / social attention level

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