Bill > HB133

This bill, titled the "General Appropriation Act of 2026," outlines the state's budget for fiscal year 2027 by appropriating funds to various state agencies and programs. It defines key terms such as "agency," "efficiency," and "federal funds" to ensure clarity in its application. The act details specific appropriations for legislative, judicial, and general control functions, including funding for the Attorney General's office, the State Auditor, and the Taxation and Revenue Department, among others. It also allocates funds for commerce and industry, agriculture, energy, natural resources, health and human services, public safety, transportation, education, and higher education. Additionally, the bill includes special appropriations for specific projects and initiatives, such as cybersecurity, infrastructure improvements, and educational programs, and addresses information technology appropriations and compensation adjustments for state employees. The "Government Results and Opportunity Expendable Trust" section details appropriations for programs focused on improving outcomes and efficiency across various state agencies, with funding allocated over multiple fiscal years and contingent on updated accountability provisions. Finally, the bill includes provisions for fund transfers, transfer authority from the operating reserve if revenues are insufficient, and a severability clause to ensure the act's validity even if parts are found invalid.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=133&year=26