HB 7 - Amends the Distribution of Various State Health Insurance Costs - New Mexico Key Vote

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Title: Amends the Distribution of Various State Health Insurance Costs

Vote Smart's Synopsis:

Vote to pass bill that amends the distribution of various state health insurance costs in New Mexico.

Highlights:

  • Increases the amount deposited into the fund by the state from 30% of surtax revenue collected to 55% (Sec 1).

  • Amends the planned increase to 55% on September 1st, 2025 to instead go into effect on July 1st, 2024 (Sec. 1).

See How Your Politicians Voted

Title: Amends the Distribution of Various State Health Insurance Costs

Vote Smart's Synopsis:

Vote to pass bill that amends the distribution of various state health insurance costs in New Mexico.

Highlights:

  • Increases the amount deposited into the fund by the state from 30% of surtax revenue collected to 55% (Sec 1).

  • Amends the planned increase to 55% on September 1st, 2025 to instead go into effect on July 1st, 2024 (Sec. 1).

Title: Amends the Distribution of Various State Health Insurance Costs

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