---
type: "Bill"
title: "TAX ON PROPERTY OWNED BY NM RETA"
description: "TAX ON PROPERTY OWNED BY NM RETA"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2025"
identifier: "HB 295"
citation: "New Mexico HB 295 (2025)"
classification: ["bill"]
subjects: ["ENERGY & NATURAL RESOURCES", "TAXATION", "PROPERTY", "UTILITIES (sewer", "electric", "gas", "water", "telephone)"]
status: "enacted"
primary_sponsors: ["Parajón, Cristina", "Small, Nathan P."]
version_count: 2
action_count: 9
vote_count: 2
first_action: "2025-02-05"
last_action: "2025-04-09"
source: "openstates"
source_identifier: "ocd-bill/5ad24cdc-1de1-4339-931f-9f9bdcc837e9"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=295&year=25"
source_hash: "2bcb5fff7a514226ad127cd8c81621e75034d268fff3a63c35b73dbaa14ca8ee"
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 295 (2025) — TAX ON PROPERTY OWNED BY NM RETA

## 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/25%20Regular/final/HB0295.PDF)
2. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0295.HTML)

## Votes

- senate passage — **22–18** (pass) · upper
- house passage — **38–27** (pass) · lower

## Sponsors

- Parajón, Cristina — primary (person)
- Small, Nathan P. — primary (person)

## Timeline

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

- **2025-02-15** DO PASS committee report adopted `committee-passage-favorable`
- **2025-02-05** Sent to House Energy, Environment and Natural Resources Committee & House Taxation & Revenue Committee `introduction, referral-committee`
- **2025-03-10** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-11** passed House `passage`
- **2025-03-12** Sent to Senate Conservation Committee & Senate Tax, Business and Transportation Committee `introduction, referral-committee`
- **2025-03-18** DO PASS committee report adopted `committee-passage-favorable`
- **2025-04-09** Signed `executive-signature`
- **2025-03-20** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-20** passed Senate `passage`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/5ad24cdc-1de1-4339-931f-9f9bdcc837e9`. Confidence: reported (aggregated from official New Mexico legislature records).