New Mexico 2024 Regular Session

New Mexico Senate Bill SB108

Introduced
1/18/24  
Report Pass
1/22/24  
Report Pass
1/29/24  
Report Pass
2/5/24  
Engrossed
2/8/24  
Report Pass
2/13/24  
Enrolled
2/14/24  
Chaptered
2/29/24  

Caption

Distribution To Election Fund

Impact

The implementation of SB 108 is expected to stabilize funding for elections and streamline the process of reimbursement for election-related expenses incurred by counties. By assuring a minimum level of funding—up to fifteen million dollars from the general fund following elections—the bill seeks to prevent situations where insufficient funding could disrupt the electoral process. This financial assurance will strengthen the integrity and efficiency of elections, ultimately enhancing public trust in the electoral system.

Summary

Senate Bill 108 aims to establish a dedicated election fund within the state treasury to manage and finance the costs associated with conducting statewide elections in New Mexico. The bill outlines the creation of the election fund, which would receive revenues from various sources including legislative appropriations, reimbursements for election costs, and federal contributions. It is designed to ensure that the necessary financial resources are available for the administration of elections, as well as support the operational functions of the Secretary of State's office in this context.

Sentiment

The general sentiment surrounding SB 108 appears to be positive, particularly among supporters who advocate for effective election administration. Proponents argue that a dedicated election fund will help eliminate the financial uncertainties that often accompany the preparation for elections. However, there may be concerns raised regarding the impact of state funding on local election administration, as some fear it may limit local control over election funding and management processes.

Contention

While the bill has garnered significant support for its fiscal provisions, some contention may arise regarding the balance of power between state and local authorities in managing election-related expenses. Additionally, discussions may focus on the potential implications of establishing a mandatory transfer from the general fund, especially if future budget constraints limit available resources. These considerations highlight the ongoing debate about funding priorities and the ideal framework for election administration in New Mexico.

Companion Bills

No companion bills found.

Previously Filed As

NM HB147

Indian Education Fund Distributions

NM SB37

Regional Transit Grt Distributions

NM HB315

Cannabis Tax Distributions

NM SB180

Election Changes

NM SB131

Public School Funding Changes

NM SB23

Adjust Distribution Formula For Ems Fund

NM SB378

Severance Tax Fund Minimum Distribution

NM HB459

Horse Breeder Fee Distributions

NM SB9

Create Legacy Permanent Funds

NM SB26

Excess Oil & Gas Funds To Severance Tax Fund

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