Senate panel considers gas-tax increase to fund road maintenance; debate over CPI indexing and equity Senate Bill 76 would raise New Mexico’s gas tax from 17¢ to 23¢ per gallon (special fuel from 21¢ to 26¢) and permit annual CPI indexing; proponents say recurring revenue is needed for road maintenance, opponents call the change regressive and demand DOT accountability and caps on indexing.

New Mexico's Senate is debating a controversial gas tax hike that could fund essential road maintenance but faces fierce opposition from business groups over its fairness and economic impact.

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Committee advances gas tax increase to shore up road funding after long debate The committee recommended SB76, a proposal to raise the state gas tax from 17¢ to 23¢ per gallon (special fuel 21¢ to 26¢) effective July 1, 2026, on a 6–4 vote after extensive questioning about project backlog, distribution of revenues and interactions with other climate-related rules.

New Mexico's Senate committee has voted to increase gas taxes to tackle a staggering $7 billion road maintenance shortfall, igniting a heated debate over funding and fairness.

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House approves $1.5 billion transportation bond package after debate over fees and timing The House voted to pass Senate Bill 2, authorizing up to $1.5 billion in revenue bonds for road and bridge projects and changing vehicle registration and weight‑distance fee schedules to support the debt. Members debated fee impacts on families, small trucking firms, and rural project timing; a floor substitute to retarget existing motor‑vehicle excise tax was tabled.

New Mexico's House just passed a controversial $1.5 billion transportation bond aimed at fixing roads and bridges, but critics warn it could hit families and small businesses hard with new fees.

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