New Mexico 2026 Regular Session

New Mexico House Bill HB66

Introduced
1/20/26  
Refer
2/2/26  
Report Pass
2/6/26  
Report Pass
2/11/26  
Engrossed
2/14/26  
Report Pass
2/17/26  
Enrolled
2/18/26  
Chaptered
3/6/26  

Caption

HEALTH CARE PROFESSIONAL LOAN FUND CHANGES

Summary

HB66 revises New Mexico’s Health Professional Loan Repayment Act to change who may receive loan repayment awards, how awards are calculated, and how the program is administered. The bill requires recipients to be health professionals who are already practicing in New Mexico or who agree to relocate and begin practicing in the state within 90 days of receiving an award. It also gives the Higher Education Department authority to determine and disburse award amounts, sets priority for licensed physicians, and establishes minimum award levels for physicians of $75,000 per year for four years, with prorated treatment for part-time work and for other eligible health professionals over a three-year period. The bill expands and clarifies the definition of “health professional” to include a broad range of licensed professions, adds contract and reporting requirements, and authorizes the department to assess repayment and up to 18% interest if a recipient fails to comply with service obligations. It also amends the Health Professional Loan Repayment Fund to require that at least 50% of available funds at the start of each fiscal year be encumbered for licensed physicians, and it repeals two existing statutory sections related to the program. The bill includes an appropriation to support the revised loan repayment structure.

Impact

HB66 would materially change the operation of the state’s health professional loan repayment program by shifting more discretion to the Higher Education Department, tightening service and repayment conditions, and prioritizing physician recruitment and retention. It affects the Health Professional Loan Repayment Act, the Health Professional Loan Repayment Fund, and related contract enforcement provisions, while also expanding the list of eligible professions and updating reporting requirements to track awards by profession and practice location.

Sentiment

The bill appears to have been broadly supported, passing the House 68-0 and the Senate 39-0. The unanimous votes suggest strong bipartisan agreement that the state should use loan repayment incentives to recruit and retain health professionals, especially physicians, and to direct those professionals toward practice in New Mexico and shortage areas.

Contention

No committee transcript is available, and the final votes show no recorded opposition. The main policy choices embedded in the bill are the physician-first funding priority, the requirement that recipients already practice in New Mexico or relocate promptly, and the department’s authority to impose repayment plus interest for noncompliance. Those provisions could be points of concern for applicants or non-physician providers, but no explicit objections are reflected in the available record.

Companion Bills

No companion bills found.

Previously Filed As

NM HB370

Health Care Professionals Credentialing

NM HB593

Public Peace, Health, Safety & Welfare

NM SB175

Child Care Facility Loan Fund Changes

NM SB54

Criminal Justice Changes

NM HB344

Healthcare Equipment Gross Receipts

NM HB118

Professional Recruitment & Retention Act

NM SB411

Physician Loan Repayment Act

NM SB259

Professional Fundraiser Requirements

NM HB58

Mental Health Programs In Schools Funding

NM HB2

Health Care Coverage Changes

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