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New Mexico SenateSB 23

Oil & Gas Royalty Rate Changes

Passed 21–15Party-line

What it does: On the version voted Mar 20, 2025: Raises the maximum oil and gas royalty rate on premium state trust land in the Permian Basin from one-fifth to one-fourth of production value for leases issued on or after July 1, 2025. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: SENATE FINANCE COMMITTEE SUBSTITUTE FOR SENATE BILL 23

Read the official record ↗

The tally

Yes 21 · No 15 · Not voting 6

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

Votes by party
PartyYesNoNot voting
Democrats2105
Republicans0151

Most Democrats voted yes; most Republicans voted no.

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.