---
type: "Bill"
title: "DESIGNATION AS BENEFIT CORPORATION"
description: "DESIGNATION AS BENEFIT CORPORATION"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2020"
identifier: "HB 118"
citation: "New Mexico HB 118 (2020)"
classification: ["bill"]
subjects: ["BUSINESS & INDUSTRY"]
status: "enacted"
primary_sponsors: ["Cook, Zachary J.", "Figueroa, Natalie"]
version_count: 3
action_count: 10
vote_count: 0
first_action: "2020-01-09"
last_action: "2020-03-06"
source: "openstates"
source_identifier: "ocd-bill/973b9bf7-fb1b-401a-9303-47cedb0c275c"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=118&year=20"
source_hash: "a9ca96fe7157bf7754cfa45a2d78606706f49ed1fe8798c02482288192e0b6c2"
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 118 (2020) — DESIGNATION AS BENEFIT CORPORATION

## 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/20%20Regular/Amendments_In_Context/HB0118.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/20%20Regular/final/HB0118.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/20%20Regular/bills/house/HB0118.HTML)

## Sponsors

- Cook, Zachary J. — primary (person)
- Figueroa, Natalie — primary (person)

## Timeline

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

- **2020-03-06** Signed `executive-signature`
- **2020-01-09** Sent to House Pre-file `introduction, referral-committee`
- **2020-01-23** Sent to House Commerce & Economic Development Committee & House Judiciary Committee `introduction, referral-committee`
- **2020-02-04** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2020-01-30** DO PASS committee report adopted `committee-passage-favorable`
- **2020-02-06** passed House `passage`
- **2020-02-07** Sent to Senate Corporations and Transportation Committee & Senate Judiciary Committee `introduction, referral-committee`
- **2020-02-11** DO PASS committee report adopted `committee-passage-favorable`
- **2020-02-17** DO PASS committee report adopted `committee-passage-favorable`
- **2020-02-18** passed Senate `passage`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/973b9bf7-fb1b-401a-9303-47cedb0c275c`. Confidence: reported (aggregated from official New Mexico legislature records).