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New Mexico · 2025 Regular Session · Bill

SB 348: PAYMENTS IN LIEU OF TAXES FOR PROPERTY

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

SB 348 is a bill introduced in the New Mexico Senate on February 11, 2025. According to its official title, it concerns: PAYMENTS IN LIEU OF TAXES FOR PROPERTY. Primary sponsor: Jay Block (Republican), Gabriel Ramos (Republican), Jim Townsend (Republican). Most recent recorded action (March 7, 2025): DO NOT PASS committee report adopted.

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): Republican 3

NameRolePartyChamberDistrict
Jay BlockPrimary sponsorRepublicanSenate12
Gabriel RamosPrimary sponsorRepublicanSenate28
Jim TownsendPrimary sponsorRepublicanSenate34

“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. DO NOT PASS committee report adopted
  2. Sent to Senate Tax, Business and Transportation Committee & Senate Finance Committee

Sources

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