New Mexico · November 3, 2026 general election · Statewide ballot measure
Bond Question 1: what your vote means
Senior citizen facility bonds. On every New Mexico ballot. Official sources checked October 22, 2026.
Bond Question 1 · General obligation bond question
Senior citizen facility bonds
“The 2026 Capital Projects General Obligation Bond Act authorizes the issuance and sale of senior citizen facility improvement, construction and equipment acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed twenty-one million five hundred eighty-two thousand two hundred thirteen dollars ($21,582,213) to make capital expenditures for certain senior citizen facility improvement, construction and equipment acquisition projects and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?”
Ballot question as printed in the 2026 General Election Voter Guide, New Mexico Secretary of State.
A YES vote means:
The state could borrow up to $21,582,213 through general obligation bonds for senior citizen facility improvements, construction, and equipment, repaid by a statewide property tax.
A NO vote means:
The state would not be authorized to issue these bonds, and the senior citizen facility projects listed for this question would not be funded through them.
What it would change
- What it funds: senior citizen facility projects listed in the 2026 Capital Projects General Obligation Bond Act.
- Who pays: owners of taxable property statewide, through a property tax levy to repay the bonds.
- Repayment: bonds are generally issued with maturities of up to eleven years.
- Fiscal impact: Authorizes up to $21,582,213 in state general obligation bonds, repaid through a statewide property tax levy. According to the Department of Finance and Administration, the State Board of Finance will set the final tax rate and estimated annual cost to property owners after the election; the three 2026 bond questions total $393,131,780 including issuance costs.
Who supports it and who opposes it
These lists come from official campaign filings (registered committees) and public endorsements, each linked to its source. They are not complete, and SaveYourState does not endorse anyone listed.
Who supports it
Not yet compiled
Who opposes it
Not yet compiled
Official sources
- 2026 Voter Guide, Bond Question 1 (PDF, p. 35)
- Explanation of general obligation bonds and taxes, 2026 Voter Guide (PDF, p. 37)
- Full text: 2026 Capital Projects General Obligation Bond Act (House Bill 248)
- Legislative Council Service chart of funded projects (PDF)
SaveYourState is independent and nonpartisan, not a government site, and does not take positions on ballot measures. This explainer describes effects only, using the official ballot title, explanatory statement, full text, and fiscal impact statement. If anything here differs from those documents, the official documents control.