TECHNOLOGY JOBS R&D TAX CREDIT EXPANSION

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 2 Compare versions History 4 Sponsors

Mar 24, 2026 · New Mexico Legislature

action postponed indefinitely

Jan 29, 2026 · House

DO NOT PASS, replaced with committee substitute

Jan 21, 2026 · House

Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee

Jan 2, 2026 · House

Sent to House Pre-file

PASSAGE PROBABILITY

6.5% Unlikely

Why this number

Stage base Reported from Committee — base rate 29%, measured from NM's completed sessions
Momentum -0 48/100 from the pace of recorded action
Time since last action -22 200 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.