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Read. Follow. Verify.New Mexico Reauthorizes Statewide Capital Outlay Projects and Extends Deadlines Through Fiscal Year 2028
Last action · March 11, 2026: Signed by Governor - Chapter 68 - Mar. 11Sponsor: Derrick Lente
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What This Bill Does
New Mexico House Bill 332 extends expenditure deadlines through 2028, alters project scopes, changes recipient agencies, and establishes conditions for unexpended balances of prior severance tax bond, general fund, and state fund capital outlay appropriations across multiple counties and statewide.
Local governments, tribal chapters, school districts, and state agencies across New Mexico retain funding for hundreds of previously stalled or modified infrastructure, road, water, and community construction projects that would otherwise have reverted to state funds.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
local governments
Local government divisions and municipalities receive extended expenditure deadlines and modified scopes for capital outlay projects.
Indian nations, tribes, and pueblos
Tribal chapters and entities experience deadline extensions and reallocations of capital funds for community facilities, water lines, and tribal infrastructure.
school districts
Public school districts and charter schools have expenditure periods extended for facility renovations, equipment purchases, and campus safety improvements.
state agencies
State departments such as transportation, environment, and higher education are assigned modified responsibilities or extended timelines to complete authorized capital projects.
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 primary purpose of House Bill 332?
When must the reauthorized funds be spent by?
Where do unexpended funds revert if projects are not completed?
Can the original purpose of a capital outlay project be changed under this bill?
What else do you want to know?
News Coverage
Follow the record
Votes, people, money & the original sourceWhere This Stands
Current status: Signed into law.
Procedural history
8 actions- Mar 11, 2026Governor of New MexicoEnrolledSigned by Governor - Chapter 68 - Mar. 11
- Feb 19, 2026HouseHouse has concurred with Senate Amendments
- Feb 18, 2026SenateFloorPassed in the Senate - Y:24 N:14
- Feb 18, 2026SenateSFC: Reported by committee with Do Pass recommendation with amendment(s)
- Feb 17, 2026SenateCommitteeSent to SFC - Referrals: SFC
- Feb 17, 2026HouseFloorPassed in the House of Representatives - Y:43 N:20
Show 2 earlier actions
- Feb 16, 2026HouseHTRC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution
- Feb 4, 2026HouseCommitteeSent to HTRC - Referrals: 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
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Widespread Deadline Extensions for Stalled Infrastructure
House Bill 332 systematically extends scores of prior capital outlay appropriations originating across multiple past legislative sessions through fiscal year 2028 to accommodate project delays.
Connected Entities
Sources
www.nmlegis.gov
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy15Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz25Current news / social attention level
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