The First Session of the 58th Legislature

January 4-15, 2027: Legislation may be prefiled
January 19: Opening day (noon)
February 18: Deadline for introduction
March 20: Session ends (noon)
April 9: Legislation not acted upon by governor is pocket vetoed*
June 18: Effective date of legislation not a general appropriation bill or a bill carrying an emergency clause or other specified date
*Dependent on 2026 Constitutional Amendment outcome

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Senate Unanimously Passes Bill To Reconcile State’s Accounts (KRWG)

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Senate Unanimously Passes Bill To Reconcile State’s Accounts

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By NEW MEXICO SENATE DEMOCRATS

  Santa Fe, NM – Today, Senate Bill 543 (SB 543), which requires the State Treasurer’s Office and the Department of Finance (DFA) to balance the state budget, unanimously passed the Senate floor. Bill sponsor Senator George Munoz (D-4- Cibola, McKinley & San Juan) said he was not surprised to see this bipartisan bill pass the Senate.

“We have a real serious problem: between $100 million to $175 million dollars have been unaccounted. It’s mind-boggling to me that we are the only state in the country that does not balance our state’s finances,” said Sen. Munoz. “We need to stop playing games and start being responsible with taxpayers’ money.”

Read more here: http://krwg.org/post/senate-unanimously-passes-bill-reconcile-state-s-accounts