The "Wrongful Conviction Compensation and Services Act" establishes a comprehensive framework in New Mexico for compensating and supporting individuals who have been wrongfully convicted. The bill defines key terms related to wrongful convictions and allows individuals to file a petition for relief in district court, which must be addressed within 180 days. To qualify for relief, petitioners must prove their innocence and demonstrate that they did not commit the crime for which they were convicted. The act outlines the types of damages available, including both economic and noneconomic damages, and provides for reimbursement of costs incurred during wrongful incarceration. Additionally, it offers a stipend and various services, such as health insurance and housing support, for two years following release.

The bill introduces new provisions, including a six-year deadline for filing petitions after individuals are notified of their rights, and allows for an extension if new evidence of innocence is discovered within two years of the deadline. It also specifies that the state cannot invoke sovereign immunity as a defense against these petitions. A "wrongful conviction compensation fund" will be established within the state treasury, managed by the state department of justice, with an initial appropriation of $9 million from the general fund for fiscal year 2026 and beyond. The act is designed to be interpreted broadly to achieve its goals, with an effective date set for July 1, 2025.