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---
type: "Bill"
title: "HIGH WAGE JOBS TAX CREDIT \"THRESHOLD JOB\""
description: "HIGH WAGE JOBS TAX CREDIT \"THRESHOLD JOB\""
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2025"
identifier: "HB 368"
citation: "New Mexico HB 368 (2025)"
classification: ["bill"]
subjects: ["BUSINESS & INDUSTRY", "TAXATION", "INCOME"]
status: "enacted"
primary_sponsors: ["Dixon, Meredith A.", "Hernandez, Joshua N."]
version_count: 2
action_count: 8
vote_count: 2
first_action: "2025-02-11"
last_action: "2025-04-09"
source: "openstates"
source_identifier: "ocd-bill/9497fc64-db2c-4a30-aeec-4c8f6cfa2083"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=368&year=25"
source_hash: "7cf63b1cc06eaa6b0e190de105ac4a48fe17c0c20f671bfa5059ec7ec1dd4c02"
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 368 (2025) — HIGH WAGE JOBS TAX CREDIT "THRESHOLD JOB"
## 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/HB0368.PDF)
2. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/bills/house/HB0368.HTML)
## Votes
- house passage — **650** (pass) · lower
- senate passage — **380** (pass) · upper
## Sponsors
- Dixon, Meredith A. — primary (person)
- Hernandez, Joshua N. — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-02-11** Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee `introduction, referral-committee`
- **2025-03-05** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-11** passed House `passage`
- **2025-03-12** Sent to Senate Tax, Business and Transportation Committee `introduction, referral-committee`
- **2025-03-16** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-18** passed Senate `passage`
- **2025-02-27** DO PASS committee report adopted `committee-passage-favorable`
- **2025-04-09** Signed `executive-signature`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/9497fc64-db2c-4a30-aeec-4c8f6cfa2083`. Confidence: reported (aggregated from official New Mexico legislature records).