SANTA FE, NM (January 21, 2026)—The State Highway Project Bonds legislation (SB2) was heard by the Senate Finance Committee today and passed with an 8-2 vote as amended.

The $1.5 billion bond legislation would ensure predictable, stable funding for road infrastructure projects. 

In addition to the bonding bill, a $500 million special appropriation for local road construction and maintenance has been requested to make up for last year's lack of funding.