---
type: "Bill"
title: "CAPITAL OUTLAY PROJECTS"
description: "CAPITAL OUTLAY PROJECTS"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2023"
identifier: "HB 505"
citation: "New Mexico HB 505 (2023)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC"]
status: "enacted"
primary_sponsors: ["Lente, Derrick J."]
version_count: 4
action_count: 8
vote_count: 0
first_action: "2023-02-16"
last_action: "2023-04-07"
source: "openstates"
source_identifier: "ocd-bill/69b265d6-2688-4fc8-ac7b-168ed3650ef2"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=505&year=23"
source_hash: "ef9307e5067e18f34454d7416022a382bf21669031b294354bb1c179b24912e0"
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 505 (2023) — CAPITAL OUTLAY PROJECTS

## 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/23%20Regular/Amendments_In_Context/HB0505.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/final/HB0505.PDF)
3. **TR substitute** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0505TRS.HTML)
4. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0505.HTML)

## Sponsors

- Lente, Derrick J. — primary (person)

## Timeline

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

- **2023-02-16** Sent to House Taxation & Revenue Committee `introduction, referral-committee`
- **2023-03-14** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-15** passed Senate `passage`
- **2023-03-10** DO NOT PASS, replaced with committee substitute `committee-passage`
- **2023-03-11** floor substitute adopted (1 amendment)
- **2023-03-11** passed House `passage`
- **2023-03-11** Sent to Senate Finance Committee `introduction, referral-committee`
- **2023-04-07** Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/69b265d6-2688-4fc8-ac7b-168ed3650ef2`. Confidence: reported (aggregated from official New Mexico legislature records).