Scored 8/10 on whether it helps or hurts everyday people.
The Property Taxes Bill
New Mexico bill aims to cap your home's property taxes
Cap Residential Property Tax Rates
Good for everyday people ·
This bill would stop your home's property taxes from going up too much each year, helping you save money.
Our take
What we think, in plain words.
This bill would help homeowners by putting a limit on how much their property taxes can go up each year. This means your taxes would not jump too high, making it easier to plan your family's budget. Some people might worry that capping taxes could mean less money for local schools or city services. Even though this bill failed to pass the Senate, it was recalled, meaning it could still be brought back. It is important to watch bills like this to see if they come back and how they might affect your home and community.
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The facts
What the bill actually says, no spin.
- The bill would cap residential property tax rates in New Mexico.
- It passed one part of the legislature, becoming "engrossed."
- It failed to pass in the Senate and was declared "dead" on February 17, 2026.
- However, it was later recalled from the House and its action was postponed indefinitely.
How they voted
The actual floor vote, and who broke from their own party.
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- Antonio Maestas (D): voted against it, crossing most Democrats
- George Munoz (D): voted against it, crossing most Democrats
- Linda Lopez (D): voted against it, crossing most Democrats
- Michael Padilla (D): voted against it, crossing most Democrats
- Linda Trujillo (D): voted against it, crossing most Democrats
- Antoinette Sedillo Lopez (D): voted against it, crossing most Democrats
- Shannon Pinto (D): voted against it, crossing most Democrats
- Katy Duhigg (D): voted against it, crossing most Democrats
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the New Mexico Bill Book 2026
The best and worst New Mexico bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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