PoliVion · Midterms 2026← Back to all races

2026 New Mexico Senate Election

Solid D
Ben Ray Luján (D) incumbent

About this race

Ben Ray Luján, a Democrat, currently holds this Senate seat and is running for re-election. It’s considered a safe Democratic seat. Ben Ray Luján, a Democrat, shows a record of donations linked to AIPAC, the pro-Israel lobbying group, but the exact amount is still being confirmed.

Key issues in New Mexico

Major issues facing New Mexico, based on 2025–2026 reporting. Compare them with what each candidate says they focus on below.

Candidates & funding

Ben Ray Luján Democrat Nominee

Campaign raised $1,000,000
Labor unions ~$1M
AIPAC-linkedamount under verification
FundVoter lists an AIPAC-linked FEC record for this candidate; the dollar amount is still under verification.
Routed contributions $2Kindividual donors via conduits
A PAC can give at most $10K per cycle directly to a candidate. But when individuals route donations through a PAC acting as conduit, there’s no cap on how many donors can be bundled. That’s where the real money moves — not from the PAC’s treasury, but from individuals the PAC steered to the candidate. How conduits work →
2026 fundraising (FEC)$5,626,629 raised · $2,443,668 spent · $4,396,754 cash on hand through Jun 30, 2026
Focus: Lower costs, good-paying jobs, affordable health care, strong schools, economic opportunity

Larry Marker Republican Nominee

Campaign raised $0
✓ No AIPAC-linked FEC record
2026 fundraising (FEC)$92,011 raised · $81,050 spent · $1,942 cash on hand through Sep 30, 2026
Focus: Protecting jobs, schools, and energy independence; defending oil, gas, hydrogen, nuclear

Where the money comes from

FEC campaign finance data through Sep 30, 2026. Campaign dollars, by source.

Ben Ray Luján DLarry Marker R
Raised$5.6M$92K
Individuals$2.9M52%$87K94%
PACs & parties$1.7M31%$5K6%
Self-funded$0$0
Other$980K17%$0
AIPAC-linked*——
Outside spending†——

* AIPAC-linked money is already counted in the rows above — it flags the pro-Israel share, not extra money.

† Independent spending on ads for or against a candidate. It never goes to their campaign.

“Individuals” covers both small-dollar (under $200) and large donors.

Who are the biggest donors?

Every donor ranked by how much they gave, from the candidate’s own FEC filings — individuals, PACs, and party committees all in one list. Expand a candidate to see theirs, then tap any name to learn more about the donor.

Why are so many gifts exactly $10,000? That’s the legal maximum a PAC can give one candidate for the whole cycle — $5,000 for the primary plus $5,000 for the general — so many PACs give the max. Individuals can give up to $3,500 per election.

Ben Ray Luján 2732 donors
FINANCIAL POSITION
Campaign raised$5.6M
Campaign spent$2.4M
Cash on hand$4.4M
FEC 2026 through 06/30/2026
CANDIDATE-CONTROLLED MONEY
Individuals52%
PACs / committees31%
Self-funding0%
Share of campaign receipts. FEC 2026.
ROUTED CONTRIBUTIONS
Total routed through conduits$2K
Share of individual giving0.1%
Individuals gave through these conduits. Conduit is routing layer, not legal donor. General platforms (ActBlue, WinRed) are payment processors, not networks. How conduits work →
  • Individual$15K
  • Organization$10K
  • Leadership PAC$10K
  • Labor PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Membership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Corporate PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Membership PAC$10K
  • PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Labor PAC$10K
  • PAC$10K
  • Leadership PAC$10K
  • Corporate PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Labor PAC$10K
  • Labor PAC$10K
  • Leadership PAC$10K
  • PAC$10K
  • Leadership PAC$10K
  • Labor PAC$10K
  • Membership PAC$10K
  • Trade association PAC$10K
  • Labor PAC$10K
  • Leadership PAC$10K
  • Leadership PAC$10K
  • Corporate PAC$10K
  • Corporate PAC$10K

Showing the 50 biggest of 2732 donors. The other 2682 gave $2.9M combined.

Plus $1.3M from small donors giving under $200 each — those aren’t itemized by name.

See Ben Ray Luján’s full FEC filings →

Larry Marker 20 donors
FINANCIAL POSITION
Campaign raised$92K
Campaign spent$81K
Cash on hand$2K
FEC 2026 through 09/30/2026
CANDIDATE-CONTROLLED MONEY
Individuals94%
PACs / committees6%
Self-funding0%
Share of campaign receipts. FEC 2026.
  • Party committee$5K
  • Individual$3K
  • Individual$3K
  • Individual$2K
  • Individual$2K
  • Individual$2K
  • Individual$2K
  • Individual$2K
  • Organization$2K
  • Individual$2K
  • Individual$1K
  • Individual$1K
  • Individual$1K
  • Individual$1K
  • Individual$500
  • Organization$500
  • Individual$500
  • Individual$250
  • Individual$250
  • Individual$250

Plus $4K from small donors giving under $200 each — those aren’t itemized by name.

See Larry Marker’s full FEC filings →

These figures come from the candidate’s own itemized FEC reports (2026 cycle, through the coverage date above), with amendments applied and refunds netted. Joint fundraising transfers are left out of the ranking: they’re pass-throughs, and the individual donations behind them are listed above. Bank interest, vendor refunds, and other non-donation receipts are excluded. Donor names are as reported — the same person can appear twice if their name was recorded differently. Independent spending on ads is never included here — see the Outside spending column.

More New Mexico races

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