New MexicoProposed measure would move $98.4 million into state reserve
The proposed measure would move $98.4 million from New Mexico’s patient compensation fund into the state’s general fund operating reserve.
What it does
The proposed measure would move $98.4 million from the patient compensation fund into the state’s general fund operating reserve.
Argument forThe transfer could add $98.4 million to the state operating reserve for use in state operations.
Argument againstMoving the money could leave the patient compensation fund with fewer resources for its needs.
More detail
The proposed measure would transfer $98.4 million from the patient compensation fund to the general fund operating reserve. The money would move from New Mexico’s patient compensation fund to its general fund operating reserve.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 24action postponed indefinitelyLatest
- Feb 3Sent to Senate Committees' Committee & Senate Health and Public Affairs Committee & Senate Judiciary CommitteeIntroduced
Taxes & Budget