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Did Not Advance

New Mexico Senate Bill 142 Establishes Delayed Repeal for Education Technology Supplemental Severance Tax Bonds

Original title: SEVERANCE BONDS FOR ED. TECHNOLOGY

Last action · January 26, 2026: Sent to SCC - Referrals: SCC/SEC/SFCSponsor: George Muñoz

Introduced
Committee
Floor Vote
Passed
Law

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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.

Why it matters

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.

Directly affected

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.

Directly affected

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?
Up to ten million dollars ($10,000,000) per .
When does the authorization for these severance tax bonds expire?
The provisions are repealed effective July 1, 2030.

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 Senate committee.

Procedural history

1 action
  1. Jan 26, 2026SenateCommittee
    Sent 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

George Muñoz, State of New Mexico
PersonGeorge Muñoz“Introduced Senate Bill 142”Map →
locationState of New Mexico“Jurisdiction of the legislature”Map →

Sources

Open source document

www.nmlegis.gov

Analysis Score

0–100
  • Significance20
    Lowered because this bill did not pass (its text scored 35)
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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