---
type: "Bill"
title: "INVESTMENT IN TAX STABILIZATION RESERVE FUND"
description: "INVESTMENT IN TAX STABILIZATION RESERVE FUND"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2019"
identifier: "HB 393"
citation: "New Mexico HB 393 (2019)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC", "STATE AGENCIES & DEPARTMENTS (including reorganization)"]
status: "enacted"
primary_sponsors: ["Salazar, Tomás E."]
version_count: 3
action_count: 8
vote_count: 0
first_action: "2019-01-28"
last_action: "2019-04-03"
source: "openstates"
source_identifier: "ocd-bill/7f7e1a8e-b452-419d-9731-6936e2f168ce"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=393&year=19"
source_hash: "76005e7f207ffdf897d451f86e03d3c0ac768a059557770dcdfe1bf2b657b229"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico HB 393 (2019) — INVESTMENT IN TAX STABILIZATION RESERVE FUND

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendments in Context** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/Amendments_In_Context/HB0393.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/final/HB0393.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/bills/house/HB0393.HTML)

## Sponsors

- Salazar, Tomás E. — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-01-28** Sent to House Appropriations & Finance Committee `introduction, referral-committee`
- **2019-02-26** DO PASS committee report adopted `committee-passage-favorable`
- **2019-03-01** passed House `passage`
- **2019-03-02** Sent to Senate Finance Committee `introduction, referral-committee`
- **2019-03-08** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2019-03-09** passed Senate `passage`
- **2019-03-13** House concurred in Senate amendments
- **2019-04-03** Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7f7e1a8e-b452-419d-9731-6936e2f168ce`. Confidence: reported (aggregated from official New Mexico legislature records).