Financial Disclosure Statements
There are 689 state-level officials in New Mexico who, every year, are required by law to submit a form that explains where they get their personal money.
But there is no easy way to review each document on the Secretary of State webpage.
So, we’ve taken all the data and organized it into searchable tables.
ABOUT DISCLOSURE STATEMENTS
Each year, by the last day of January, every state senator and representative, plus state agency heads, members of certain boards and commissions, and candidates for office, must file financial disclosure statements with the New Mexico Secretary of State.
Common Questions about FDS
WHAT ARE FINANCIAL DISCLOSURE STATEMENTS? Financial Disclosure Statements (FDS) are forms filled out by government officials that explain where their personal money comes from. The idea is to reassure the public that elected and appointed leaders are doing what’s best for citizens, not their own wallets. The statements can help expose potential conflicts of interest between an official’s public duties and their private financial interests.
WHO MUST SUBMIT FINANCIAL DISCLOSURE FORMS? In New Mexico, the Financial Disclosure Act spells out who at the state level must file FDS and what information they must share. There are four categories of officials required to submit FDS by Jan. 31 of each year: 1) Elected state lawmakers 2) Candidates for legislative or statewide office 3) State agency heads 4) Members of certain state committees
WHAT ARE THE CONSEQUENCES OF NOT FILING A DISCLOSURE FORM? There are two types of violations when it comes to state Financial Disclosure Statements. The first is a misstatement of information on a form. For instance, if a state senator forgets to mention they own a commercial building in Las Cruces. These are called “external noncompliance complaints” since it is essentially up to the public to point them out. We have been told Secretary of State’s (SOS) office has yet to receive this type of complaint. The second violation happens when a filer does not submit their FDS by January 31. The SOS gives the filer 10 days to come into compliance. If the problem is not cured, it is sent to the state Ethics Commission, which shares jurisdiction over the Financial Disclosure Act with the SOS. They investigate such violations and can charge the errant filer $50 a day from the date they were supposed to file until they do file, up to $5,000. The Ethics Commission has never levied a fine.
WHAT CITY OR COUNTY GOVERNMENTS HAVE DISCLOSURE ORDINANCES? The following city and counties have financial disclosure ordinances MUNICIPALITIES • Albuquerque — Required filers: Elected officials and department directors [Albuquerque city code, Article X11, Section 5(d)] COUNTIES • Bernalillo — Required filers: Unclear [Bernalillo County Code of Conduct Sec. 2-131] • Los Alamos — Required filers: Public officials [Los Alamos County Code of Ordinances, Chapter 30, Article I 30-6] • Santa Fe — Required filers: Appointed officials, employees, and volunteers [Ordinance 2022-03] • Sierra — Required filers: Candidates for office
WHAT'S THE HISTORY OF FINANCIAL DISCLOSURE FORMS? In the 1970s, following the Watergate scandal and a series of high-level resignations, the idea of requiring public officials to reveal the sources of income and gifts began to take hold. Congress eventually codified the requirement into federal law with the Ethics in Government Act of 1978. Members of what is now the European Union did the same in the 1980s, and the UN followed, referring to it as “asset declaration.” In New Mexico, the Financial Disclosure Act was passed in 1993 and has been amended many times since.
2025 FINANCIAL DISCLOSURES
State Senators & Representatives
Note: Due to limitations in the source material, the data below was entered by hand. Because of this, all information should be considered provisional and double-checked against the individual Financial Disclosure Forms. Additionally, some addresses were omitted for space considerations, but can be found on the original PDF forms. These are available on the Secretary of State’s website
Committee Members & Judges
Note: Due to limitations in the source material, the data below was entered by hand. Because of this, all information should be considered provisional and double-checked against the individual Financial Disclosure Forms. Additionally, some addresses were omitted for space considerations, but can be found on the original PDF forms. These are available on the Secretary of State’s website