New Mexico

New Mexico Senate advances seven bills with few opponents – Source New Mexico

Published

2 years ago

February 9, 2024

New Mexico Senate advances seven bills with few opponents – Source New Mexico

The New Mexico Senate on Thursday passed seven pieces of legislation in a series of unanimous votes — with two narrow exceptions.

Senators passed Senate Bill 148 in a 34-0 vote. Sponsored by Sen. Daniel Ivey-Soto (D-Albuquerque), SB 148 would eliminate a 3% fee charged to local governments by the state Taxation and Revenue Department for collecting and distributing sales taxes.

The bill was a priority for the New Mexico Municipal League and New Mexico Counties.

If passed into law, it would begin phasing out the fee on July 1, 2026 and completely go away two years later.

Next, senators passed Senate Bill 300 in a 37-0 vote.

Sponsored by Sen. George Muñoz (D-Gallup), SB 300 would allow the State Board of Finance to raise up to $527.8 million for building and maintaining state and federal highways.

Then, senators passed Senate Bill 129 in a 37-0 vote.

Sponsored by Sen. Michael Padilla (D-Albuquerque), SB 129 would create minimum standards for state agencies to protect themselves from cyber attacks that threaten assets, private information or reputation.

The first exception of the day in the Senate was Senate Bill 135, which passed by a38-2 vote.

SB 135 would ensure doctors can ask health insurers to cover medications without the patient having to first try a cheaper version, a strategy insurers use to save money called “step therapy.”

The bill adds medications approved for treating substance use disorder, autoimmune disorders, behavioral health conditions and cancer to the list of drugs that cannot be subject to step therapy or prior authorization requirements.

The two opponents were Sens. Martin Hickey (D-Albuquerque) and Mark Moores (R-Albuquerque). Hickey said he supported the bill but it could lead to more complications and drug-to-drug interactions.

The second exception was Senate Bill 106, which passed in a 38-1 vote.

Sponsored by William Sharer, (R-Farmington), SB 106 which would create a committee to plan a celebration of the 250th anniversary of the Declaration of Independence and the founding of the U.S. on July 4, 2026.

The lone opponent was Sen. Brenda McKenna (D-Corrales) who did not take the opportunity to explain her vote.

Next, the Senate passed Senate Bill 17 in a 40-0 vote.

Sponsored by Sen. Elizabeth Stefanics (D-Cerrillos), SB 17 would create a new program run by the Health Care Authority with the goal of maximizing the impact of state money for health care by redirecting money from certain hospitals to rural hospitals and small urban ones.

Finally, senators passed Senate Bill 108 in a 41-0 vote.

Sponsored by Muñoz, SB 108 would allow the Secretary of State’s Office to pull from a new $20 million pot of money three months after a statewide election, to stabilize the agency’s annual budget.

Each bill now heads the House chamber where they must receive committee review before a full vote. The New Mexico legislative session ends Feb. 15.

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New Mexico

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

Published

8 hours ago

March 1, 2026

Press Room

New Mexico spoils Nevada’s Senior Day as Lobos leave Reno with 63-56 win

The Nevada women’s basketball team dropped its final home contest of the 2025-26 season on Saturday with New Mexico spoiling Senior Day and pushing past the Wolf Pack for a 63-56 win.

The Wolf Pack led 36-34 at halftime behind a hot-shooting start. Skylar Durley, Imbie Jones and Ahrray Young each had six points as Nevada shot 14-of-25 from the field (56%). But things cooled off in the second half, with the Lobos outscoring the Wolf Pack 19-13 in the third quarter to take a four-point lead into the fourth. Nevada’s shooting woes only worsened in the final period when it made just three field goals, including none in the final four minutes.

Durley led Nevada with 16 points and six rebounds. Young finished with 10 points, three rebounds and three assists. The Wolf Pack made just one three-pointer out of its nine attempts.

The loss drops Nevada to 9-20 overall, 5-14 within the Mountain West Conference. The Wolf Pack now heads to Utah State for Tuesday’s regular-season finale before opening the Mountain West Tournament play next Saturday in Las Vegas.

Watch our coverage of the game below.

Highlights and reaction from Nevada’s loss to New Mexico.

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New Mexico

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Published

20 hours ago

February 28, 2026

Press Room

San Diego State vs New Mexico Prediction, Picks & Odds for Today’s College Basketball Game

Expect the offenses to shine when SDSU visits New Mexico in The Pit today, per our college basketball betting picks.

Feb 28, 2026 • 10:23 ET

• 4 min read

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New Mexico

Public Service Company of New Mexico Declares Preferred Dividend

Published

1 day ago

February 28, 2026

Press Room

ALBUQUERQUE, N.M., Feb. 27, 2026 /PRNewswire/ — The Board of Directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy (NYSE: TXNM), declared the regular quarterly dividend of $1.145 per share on the 4.58 percent series of cumulative preferred stock. The preferred stock dividend is payable April 15, 2026, to shareholders of record at the close of business March 31, 2026.

Background:
TXNM Energy (NYSE: TXNM), an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. For more information, visit the company’s website at www.TXNMEnergy.com.

CONTACTS:
Analysts
Lisa Goodman
(505) 241-2160

Media
Corporate Communications
(505) 241-2743

SOURCE TXNM Energy, Inc.

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