New Mexico Bond Question 3 — Higher education, special schools and tribal schools bonds ($352,225,379)
Ballot measure · November 3, 2026
- What it does
- The 2026 Capital Projects General Obligation Bond Act authorizes the issuance and sale of higher education, special schools and tribal schools capital improvement and acquisition bonds. Shall the state be authorized to issue general obligation bonds in an amount not to exceed three hundred fifty-two million two hundred twenty five thousand three hundred seventy-nine dollars ($352,225,379) to make capital expenditures for certain higher education, special schools and tribal schools capital improvements and acquisitions and provide for a general property tax imposition and levy for the payment of principal of, interest on and expenses incurred in connection with the issuance of the bonds and the collection of the tax as permitted by law?
- A YES vote means
- A 'for' vote lets the state borrow up to $352,225,379 for higher education, special school and tribal school capital projects, repaid through a statewide property tax levy.
- A NO vote means
- An 'against' vote denies authority to issue these bonds.
- Needed to pass
- A simple majority
- Put on the ballot by
- the Legislature
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Also on New Mexico ballots
- Constitutional Amendment 1 — Veto messages; unsigned bills become law (eliminates pocket veto)
- Constitutional Amendment 2 — Allow school elections at the same time as partisan elections
- Constitutional Amendment 3 — Nominating committees for university boards of regents
- Constitutional Amendment 4 — Legislative compensation limited to state median household income
- Bond Question 1 — Senior citizen facility bonds ($21,582,213)
- Bond Question 2 — Library acquisition bonds ($19,324,188)
Quick answers
- What does a YES vote on New Mexico Bond Question 3 mean?
- A 'for' vote lets the state borrow up to $352,225,379 for higher education, special school and tribal school capital projects, repaid through a statewide property tax levy.
- What does a NO vote on New Mexico Bond Question 3 mean?
- An 'against' vote denies authority to issue these bonds.
- How many votes does New Mexico Bond Question 3 need to pass?
- A simple majority
- Should I vote yes or no on New Mexico Bond Question 3?
- SpectrumVote doesn't endorse anyone or tell you how to vote. Read what a YES and a NO vote each do, and the official text, then decide based on what you want to happen.
- When is the vote?
- The general election is Tuesday, November 3, 2026. Early voting and mail-ballot deadlines vary by state; check your state or county election office.