On this page

The verified result is non-enactment

The official status records “Died (API)”, meaning action postponed indefinitely. The introduced text and analysis discussed expanded equipment definitions and termination protections, but those changes did not become law through this bill.

The Fiscal Impact Report also says similar 2023 and 2025 proposals were not enacted. A proposed effective date depends on enactment; neither introduced text nor analysis replaces an enacted chapter or the current statute.

Current Franchise Termination Act coverage and procedure were not established here. Failure of this bill does not show that existing dealer protections or franchise filing duties are absent.

Sources: New Mexico Legislature: Current Location and Actions New Mexico Legislative Finance Committee: Summary; Significant Issues

Scope

  • The verified conclusion is the identified proposal’s non-enactment, not a current notice period or permission to terminate.

Next step

Do not use SB 115’s proposed terms in an exit decision; establish the actual current statute for the products and agreement.

Sources & review notes

The source records distinguish access dates from substantive review dates. Updating an explanation does not itself recheck the law.

New Mexico 2026 SB 115: official legislative status

New Mexico Legislature

Passage, dates and research notes

primary · Current Location and Actions

Action Postponed Indefinitely

Accessed: 2026-11-12T21:20:38.499190+00:00 · Meaning reviewed: 2026-11-12 · Next review target: 2026-12-12

Full status page read; current location Died (API), no enactment. This supports a bill-status explanation, not a current statutory termination rule.

SB 115 Fiscal Impact Report

New Mexico Legislative Finance Committee

Passage, dates and research notes

official-guidance · Summary; Significant Issues

were not enacted

Accessed: 2026-11-12T21:20:39.109582+00:00 · Meaning reviewed: 2026-11-12 · Next review target: 2026-12-12

Full two-page legislative analysis read. Describes proposed amendments, not enacted duties. Report expressly limits intended use; dates not printed in form fields, not invented.

Detailed rule records (1)
The 2026 franchise-termination proposal did not become law Source checked

The New Mexico Legislature’s 2026 SB 115 status page reports Died (API), with action postponed indefinitely. Proposed notice, good-cause, waiver and equipment-scope amendments in its introduced text must not be published as enacted requirements.

When to check: Using a bill or legislative analysis to prepare a relationship checklist. Source review: 2026-11-12.

New Mexico 2026 SB 115: official legislative status SB 115 Fiscal Impact Report
Your learning

Keep this reading in your learning library.

Open learning hub
Progress privacy

Off by default. Without remembering, changes last on this page. If enabled, only public content identifiers and self-reported progress are stored in this browser profile. Anyone using the same profile could see them. No plan inputs or contact details are included. Reset or export in learning settings.

This is a reading aid, not evidence of disclosure delivery, expertise or legal approval.