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Oil & Gas Royalty Rate Changes

It became law on Apr 11, 2025.

NM SB 23 · Senate Bill · 2025

Stage
Became law
Started in
Senate
Sponsors
4
Latest action
Apr 11, 2025

Where it stands

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Apr 11, 2025

This bill passed and is now law.

Read the full text

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

Once a bill is decided, the questions are about what is done with it in New Mexico.

Work with this bill

OIL & GAS ROYALTY RATE CHANGES | 52