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New Mexico · 2026 Regular Session · Bill

HB 298: RAIL INFRASTRUCTURE TAX CREDIT

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 298 is a bill introduced in the New Mexico House on February 3, 2026. According to its official title, it concerns: RAIL INFRASTRUCTURE TAX CREDIT. Primary sponsor: Derrick Lente (Democratic), Luis Terrazas (Republican). Most recent recorded action (March 24, 2026): action postponed indefinitely.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Sponsors

Sponsors by party (alphabetical): Democratic 1 · Republican 1

NameRolePartyChamberDistrict
Derrick LentePrimary sponsorDemocraticHouse65
Luis TerrazasPrimary sponsorRepublicanHouse39

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. action postponed indefinitely
  2. DO PASS, as amended, committee report adopted
  3. Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source