Shown verbatim: the complete text as captured from the official page posted by the New Mexico Legislature, fetched 2026-08-23. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the introduced version. The official bill page.
HOUSE BILL 4 57th legislature - STATE OF NEW MEXICO - second session, 2026 INTRODUCED BY Reena Szczepanski and Elizabeth "Liz" Thomson and Roberto "Bobby" J. Gonzales and Joseph Franklin Hernandez and Anita Gonzales AN ACT RELATING TO HEALTH CARE AFFORDABILITY; ADJUSTING THE DISTRIBUTIONS TO THE HEALTH CARE AFFORDABILITY FUND. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 7-1-6.69 NMSA 1978 (being Laws 2021, Chapter 136, Section 1, as amended) is amended to read: "7-1-6.69. DISTRIBUTION--HEALTH INSURANCE PREMIUM SURTAX--HEALTH CARE AFFORDABILITY FUND.--A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the health care affordability fund in an amount equal to the following amounts of the net receipts attributable to the health insurance premium surtax; provided that if the rate of the health insurance premium surtax is reduced pursuant to Subsection F of Section 7-40-3 NMSA 1978, no distribution pursuant to this section shall be made: [A. prior to July 1, 2024, fifty-five percent; B. beginning July 1, 2024 and prior to September 1, 2025, thirty percent; and C.] A. beginning September 1, 2025 and prior to September 1, 2026, fifty-five percent; and B. beginning September 1, 2026, one hundred percent." - 2 -
Every fact on this page links to its source, starting with the official bill record.