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New Mexico SenateHB 295

Tax on Property Owned by Nm Reta

Passed 22–18Crossed party lines

What it does: On the version voted Mar 11, 2025: Provides that real property owned by the Renewable Energy Transmission Authority, including transmission lines leased to and operated by non-exempt entities, is exempt from property tax, starting with the 2026 tax year. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: HOUSE BILL 295

Read the official record ↗

The tally

Yes 22 · No 18 · Not voting 2

Bar: green = yes, brown = no, striped = not voting.

Votes by party
PartyYesNoNot voting
Democrats2231
Republicans0151

Most Democrats voted yes; most Republicans voted no. 3 members voted against their party’s majority.

Voted against their party’s majority

The full roll (42)

“Not voting” is a recorded non-vote, not a reason for the absence. Parties come from public rosters; how we count.