summary
Introduced
01/22/2026
01/22/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
02/12/2026
02/12/2026
Passed
03/06/2026
03/06/2026
Dead
Signed/Enacted/Adopted
03/06/2026
03/06/2026
Introduced Session
2026 Regular Session
Bill Summary
AN ACT RELATING TO HEALTH CARE AFFORDABILITY; ADJUSTING THE DISTRIBUTIONS TO THE HEALTH CARE AFFORDABILITY FUND AND THE BEHAVIORAL HEALTH PROGRAM FUND; REQUIRING UNEXPENDED MONEY IN THE BEHAVIORAL HEALTH PROGRAM FUND TO REVERT TO THE HEALTH CARE AFFORDABILITY FUND AT THE END OF A FISCAL YEAR.
AI Summary
This bill adjusts how money collected from the health insurance premium surtax is distributed to two state funds: the Health Care Affordability Fund and the Behavioral Health Program Fund. Specifically, it changes the percentage of net receipts from the surtax that goes to the Health Care Affordability Fund, increasing it over time from fifty-five percent starting in September 2025 to ninety-five percent by September 2028. Concurrently, starting in September 2028, five percent of these receipts will be distributed to the Behavioral Health Program Fund, which is dedicated to funding various behavioral health services and programs like mental health and substance misuse treatment, infrastructure, and workforce support. A key provision is that any money left unspent in the Behavioral Health Program Fund at the end of a fiscal year will be returned to the Health Care Affordability Fund.
Committee Categories
Budget and Finance, Health and Social Services
Sponsors (5)
Reena Szczepanski (D)*,
Anita Gonzales (D),
Bobby Gonzales (D),
Joseph Hernandez (D),
Liz Thomson (D),
Last Action
Signed by Governor - Chapter 39 - Mar. 6 (on 03/06/2026)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=4&year=26 |
| BillText | https://www.nmlegis.gov/Sessions/26%20Regular/final/HB0004.pdf |
| SFC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0004FC1.pdf |
| Senate SFC1 HB4 234186.1 Committee Amendment | https://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/HB0004FC1%20234186.1%20.pdf |
| HAFC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0004AF1.pdf |
| House HAFC1 HB4 233954.1 Committee Amendment | https://www.nmlegis.gov/Sessions/26%20Regular/Committee_Subs_And_Amendments/HB0004AF1%20233954.1%20.pdf |
| HHHC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0004HC1.pdf |
| Fiscal Note | https://www.nmlegis.gov/Sessions/26%20Regular/firs/HB0004.PDF |
| BillText | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0004.pdf |
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