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---
type: "Bill"
title: "STRATEGIC WATER RESERVE FUND"
description: "STRATEGIC WATER RESERVE FUND"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2025"
identifier: "SB 37"
citation: "New Mexico SB 37 (2025)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC", "WATER & WATER RIGHTS (acequias", "irrigation", "rivers)"]
status: "enacted"
primary_sponsors: ["Dixon, Meredith A.", "McQueen, Matthew", "Stefanics, Elizabeth \"Liz\"", "Wirth, Peter"]
version_count: 3
action_count: 9
vote_count: 2
first_action: "2025-01-30"
last_action: "2025-04-08"
source: "openstates"
source_identifier: "ocd-bill/b64ba2c7-5da3-4088-b0af-625f7a436ad7"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=37&year=25"
source_hash: "34ca784559a915607e8a0f880b42f28a952852be45ace1bd6bedd74d9377660a"
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 37 (2025) — STRATEGIC WATER RESERVE FUND
## 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/25%20Regular/Amendments_In_Context/SB0037.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/final/SB0037.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0037.HTML)
## Votes
- house passage — **4220** (pass) · lower
- senate passage — **2515** (pass) · upper
## Sponsors
- Dixon, Meredith A. — primary (person)
- McQueen, Matthew — primary (person)
- Stefanics, Elizabeth "Liz" — primary (person)
- Wirth, Peter — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2025-01-30** Sent to Senate Conservation Committee & Senate Finance Committee `introduction, referral-committee`
- **2025-02-12** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2025-03-04** passed Senate `passage`
- **2025-03-05** Sent to House Agriculture, Acequias & Water Resources Committee & House Appropriations & Finance Committee `introduction, referral-committee`
- **2025-03-13** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-19** DO PASS committee report adopted `committee-passage-favorable`
- **2025-03-01** DO PASS committee report adopted `committee-passage-favorable`
- **2025-04-08** Signed `executive-signature`
- **2025-03-20** passed House `passage`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b64ba2c7-5da3-4088-b0af-625f7a436ad7`. Confidence: reported (aggregated from official New Mexico legislature records).