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Read. Follow. Verify.New Mexico Senate Bill 142 Establishes Delayed Repeal for Education Technology Supplemental Severance Tax Bonds
Last action · January 26, 2026: Sent to SCC - Referrals: SCC/SEC/SFCSponsor: George Muñoz
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What This Bill Proposed
Senate Bill 142 establishes a delayed repeal date of July 1, 2030, for the statutory authorization allowing the issuance and sale of up to $10,000,000 per in for education technology infrastructure.
The measure sets a definitive expiration date for a recurring ten-million-dollar annual state bonding authorization dedicated to digital and broadband infrastructure in schools.
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.
office of broadband access and expansion
The director's authority to certify up to ten million dollars in bond proceeds per fiscal year is subject to the newly established July 1, 2030 repeal date.
state board of finance
The board's authority to issue and sell supplemental severance tax bonds under this section terminates upon the July 1, 2030 repeal.
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
What is the maximum amount of bonds that can be issued annually for this fund?
When does the authorization for these severance tax bonds expire?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in Senate committee.
Procedural history
1 action- Jan 26, 2026SenateCommitteeSent to SCC - Referrals: SCC/SEC/SFC
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
Sources
www.nmlegis.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 35)
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz15Current news / social attention level
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