New Mexico 2025 2025 Regular Session

New Mexico House Bill HB1 Introduced / Fiscal Note

Filed 01/21/2025

                    Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance 
committees of the Legislature. LFC does not assume responsibility for the accuracy of these reports if they 
are used for other purposes. 
 
F I S C A L    I M P A C T    R E P O R T 
 
 
SPONSOR Szczepanski 
LAST UPDATED 
ORIGINAL DATE 1/21/2025 
 
SHORT TITLE Feed Bill 
BILL 
NUMBER House Bill 1/ec 
  
ANALYST Courtney 
  
APPROPRIATION* 
(dollars in thousands) 
FY25 	FY26 
Recurring or 
Nonrecurring 
Fund 
Affected  $47,547.6 Recurring General Fund 
$15,736.7 $465.8 Nonrecurring General Fund 
$1,000.0 $4,000.0 Nonrecurring Fund Balance 
Parentheses ( ) indicate expenditure decreases. 
*Amounts reflect most recent analysis of this legislation. 
 
Relates to appropriations in the General Appropriations Act 
 
Sources of Information
 
 
LFC Files 
 
SUMMARY 
 
Synopsis of the Bill   
 
House Bill 1 appropriates $68.75 million from the general fund and cash balances for legislative 
session expenses and to various legislative agencies for interim expenses, including fiscal year 
2026 (FY26) operating budgets of the Legislative Council Service (LCS), Legislative Finance 
Committee (LFC), Legislative Education Study Committee (LESC), and House and Senate chief 
clerk offices. Other appropriations include pre-session expenses, the legislative internship 
program, expenses of the Senate Rules Committee, and district office staff. The bill includes an 
emergency clause to take effect immediately on signature by the governor.  
 
FISCAL IMPLICATIONS  
 
House Bill 1 appropriates $16.2 million nonrecurring general fund revenue, including $11.5 
million to fund the expenses of the First Session of the Fifty-Seventh Legislature. Other 
nonrecurring expenses include legislative information systems for $3.2 million, national dues 
and membership fees for $466 thousand (FY26), and two appropriations to the Legislative 
Finance Committee for the statewide job architecture study for $750 thousand and economic 
analysis software for $350 thousand.  House Bill 1 also includes four nonrecurring 
appropriations from legislative fund balances, including three appropriations in FY25 for a 
legislative processing system, support for a meeting of NCSL’s law and clerks’ section to be held  House Bill 1/ec – Page 2 
 
in Santa Fe, and ongoing support of a laws database.  The fourth nonrecurring appropriation 
from legislative fund balances is for $4 million is included for equipment, furniture, upgrades 
and repairs for the New Mexico State Capitol Complex and is made for FY26.  House Bill 1 
includes $47.5 million from the general fund for recurring expenses for legislative offices, 
including LCS, LFC, LESC and the House and Senate chief clerk offices, pre-session expenses, 
and the legislative internship program. House Bill 1 also includes a $14 million general fund 
appropriation for district office staff.  Notably, Legislative Building Services is funded in the 
General Appropriation Act and is not included in the recurring total referenced above.  A 
complete picture of legislative appropriations including the GAA recommendation for 
Legislative Building Services is included in the budget summary table below. 
  House Bill 1/ec – Page 3 
 
 
 
SIGNIFICANT ISSUES 
 
Section 2 provides standards for bills and other printed materials. 
Section 10 provides category transfer authority for legislative agencies.  
Section 11 addresses legislative performance measures.  
Section 12 includes an emergency clause. 
 
 
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