---
type: "Bill"
title: "SEVERANCE TAX FUND SMALL BUSINESS INVESTMENT"
description: "SEVERANCE TAX FUND SMALL BUSINESS INVESTMENT"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2019"
identifier: "SB 10"
citation: "New Mexico SB 10 (2019)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC", "BUSINESS & INDUSTRY"]
status: "enacted"
primary_sponsors: ["Cisneros, Carlos R."]
version_count: 2
action_count: 8
vote_count: 1
first_action: "2019-02-04"
last_action: "2019-03-15"
source: "openstates"
source_identifier: "ocd-bill/8cc52b02-0a46-46b1-a48f-94558b4276e6"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=10&year=19"
source_hash: "222d715e89fdc3647513f4606f8c835053349977f542516487b0ccd1ecd9f589"
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 SB 10 (2019) — SEVERANCE TAX FUND SMALL BUSINESS INVESTMENT

## Version chain

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

1. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/final/SB0010.PDF)
2. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/bills/senate/SB0010.HTML)

## Votes

- senate passage — **36–0** (pass) · upper

## Sponsors

- Cisneros, Carlos R. — primary (person)

## Timeline

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

- **2019-02-04** Sent to Senate Corporations and Transportation Committee & Senate Finance Committee `introduction, referral-committee`
- **2019-02-18** DO PASS committee report adopted `committee-passage-favorable`
- **2019-02-22** DO PASS committee report adopted `committee-passage-favorable`
- **2019-02-25** passed Senate `passage`
- **2019-02-27** Sent to House Taxation & Revenue Committee `introduction, referral-committee`
- **2019-03-07** DO PASS committee report adopted `committee-passage-favorable`
- **2019-03-09** passed House `passage`
- **2019-03-15** Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8cc52b02-0a46-46b1-a48f-94558b4276e6`. Confidence: reported (aggregated from official New Mexico legislature records).