Reported by CommitteeFiled Jan 22, 2026
Sponsor: Gonzales, Roberto "Bobby" J.
Latest Action
action postponed indefinitely
Mar 24, 2026
Summary
The bill changes state law to increase the gasoline tax from 17 cents to 23 cents per gallon and the special‑fuel tax from 21 cents to 26 cents per gallon. The higher rates apply to all gallons sold or used in New Mexico beginning July 1 2026. The increase is meant to bring in additional state revenue.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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