SB76 • 2026

EXPAND GAS & SPECIAL FUELS TAXES

Energy Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Senator Heather Berghmans, Representative Joy Garratt, Senator Roberto "Bobby" J. Gonzales, Senator Leo Jaramillo, Senator Antonio Maestas
Last action
Official status: [1] SCC/STBTC/SFC-SCC-germane-STBTC [12] DP-SFC [14] DNP-CS/DP API.
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

EXPAND GAS & SPECIAL FUELS TAXES

What This Bill Does

EXPAND GAS & SPECIAL FUELS TAXES

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2026-02-17 New Mexico Legislature
SFC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution
2026-02-13 New Mexico Legislature
STBTC: Reported by committee with Do Pass recommendation
2026-01-23 New Mexico Legislature
SCC: Reported by committee to fall within the purview of a 30 day session
2026-01-22 New Mexico Legislature
Sent to SCC - Referrals: SCC/STBTC/SFC
New Mexico Legislature
Action Postponed Indefinitely

Official Summary Text

EXPAND GAS & SPECIAL FUELS TAXES

Current Bill Text

Read the full stored bill text

SB0076

SENATE BILL 76

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Roberto "Bobby" J. Gonzales
and
Joy Garratt
and
Leo Jaramillo

and
Heather Berghmans
and
Antonio Maestas

AN ACT

RELATING TO TAXATION; INCREASING THE GASOLINE TAX AND THE
SPECIAL FUEL EXCISE TAX.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

SECTION 1.
Section 7-13-3 NMSA 1978 (being Laws 1971,
Chapter 207, Section 3, as amended) is amended to read:

"7-13-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS
"GASOLINE TAX".--

A. For the privilege of receiving gasoline in this
state, there is imposed an excise tax at a rate provided in
Subsection B of this section on each gallon of gasoline
received in New Mexico.

B. The tax imposed by Subsection A of this section
shall be [
seventeen cents ($.17)
]
twenty-three cents ($.23)
per
gallon received in New Mexico.

C. The tax imposed by this section may be called
the "gasoline tax"."

SECTION 2.
Section 7-16A-3 NMSA 1978 (being Laws 1992,
Chapter 51, Section 3, as amended) is amended to read:

"7-16A-3. IMPOSITION AND RATE OF TAX--DENOMINATION AS
SPECIAL FUEL EXCISE TAX.--

A. For the privilege of receiving or using special
fuel in this state, there is imposed an excise tax at a rate
provided in Subsection B of this section on each gallon of
special fuel received in New Mexico.

B. The tax imposed by Subsection A of this section
shall be [
twenty-one cents ($.21)
]
twenty-six cents ($.26)
per
gallon of special fuel received or used in New Mexico.

C. The tax imposed by this section may be called
the "special fuel excise tax"."

SECTION 3.
EFFECTIVE DATE.--The effective date of the
provisions of this act is July 1, 2026.

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