Legislative Session Update: February 5

As we enter the third week of New Mexico’s 2025 Legislative Session, the pace is picking up with over 550 pieces of legislation already introduced. In this week's update, Matt Jaramillo, Chair of the Santa Fe Chamber’s Public Policy Committee, was joined by Ricky Lee Chavez, Founder of Capitol Counsel & Consulting, LLC, to discuss key legislative developments and policy priorities.

​Key Takeaways from the Session

• Public Safety & Crime Legislation:
  Governor Michelle Lujan Grisham’s crime package is a major focus, with collaboration between the Senate and House on various public safety measures. The Senate is working on behavioral health components, while the House is drafting crime-related legislation, including potential penalty enhancements.
  
  
• State Budget & Trust Funds:
  With New Mexico maintaining financial stability and a budget surplus, lawmakers are considering strategic investments to prepare for the future. Several trust funds are being proposed, including a Behavioral Health Trust Fund, Medicaid Trust Fund, Housing Trust Fund, and Tribal Education Trust Fund. These funds aim to create sustainable financial support for essential services over the long term.
  
  
• Engagement with New Legislators:
  The session has seen significant shifts in representation, with 30 new lawmakers elected in the 2024 cycle, including former House members transitioning to the Senate. Advocacy groups and businesses are actively engaging with these new members to discuss priorities and build relationships.
  
  
• Faster-Paced Session:
  Compared to previous 60-day sessions, legislative activity is moving at an accelerated rate. This momentum reflects the urgency among lawmakers to address public concerns on education, crime, and economic development.

​Staying Informed & Engaged

The Santa Fe Chamber remains committed to keeping the business community informed on legislative developments. Advocacy efforts are in full swing, ensuring that local businesses have a voice in policy discussions.

For those interested in following the legislative process, all bill hearings and legislative updates can be accessed online at nmlegis.gov. If you have any questions or need assistance navigating the session, please reach out to Matt Jaramillo, Ricky Lee Chavez, or the Chamber team.
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Stay tuned for our next update on Wednesday, February 12 as we continue tracking critical legislation impacting businesses and the community.