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Mexico's political system and how laws are made: what investors need to know
Last verified: 2026-10-26 · Status: Changing
Mexico is a federal republic of 31 states and Mexico City. The President serves one six year term with no reelection ever, and the current term runs to 30 September 2030; Congress has 500 deputies elected every three years and 128 senators elected every six, and the next federal midterm vote is on 6 June 2027. Bills on taxes and loans must start in the Chamber of Deputies, the President has 30 days to object to a bill, and a veto falls only with two thirds of the votes in each chamber. Constitutional amendments need two thirds of Congress members present plus a majority of state legislatures, and since October 2024 they cannot be challenged before the Supreme Court. The 2024 judicial reform made judges elected by popular vote; a June 2026 amendment moved the remaining judicial seats to an election on 4 June 2028.
Key facts
| Presidential term, single term with no reelection ever | 6 yearsConstitution art. 83, as of 2026-10-07 · in force |
|---|---|
| End of the current presidential term | 2030-09-30 dateConstitution art. 83, as of 2024-10-01 · in force |
| Next ordinary federal election (Chamber of Deputies, first Sunday of June) | 2027-06-06 dateLGIPE art. 22(1); Constitution art. 51, as of 2026-06-02 · in force |
| Seats in the Chamber of Deputies (300 plurality, 200 proportional) | 500 seatsConstitution art. 52, as of 2019-06-06 · in force |
| Term of federal deputies | 3 yearsConstitution art. 51, as of 1977-12-06 · in force |
| Seats in the Senate | 128 seatsConstitution art. 56, as of 1996-08-22 · in force |
| Term of senators | 6 yearsConstitution art. 56, as of 1996-08-22 · in force |
| Federal entities (31 states plus Mexico City) | 32 entitiesConstitution art. 43, as of 2016-01-29 · in force |
| Vote needed to amend the Constitution | Two thirds of members present in Congress plus a majority of the 32 local legislatures ruleConstitution art. 135, as of 2016-01-29 · in force |
| Vote needed to override a presidential veto | Two thirds of total votes in each chamber ruleConstitution art. 72 C, as of 1917-02-05 · in force |
| Days the Executive has to return a bill with objections before it is deemed approved | 30 calendar daysConstitution art. 72 B, as of 2011-08-17 · in force |
| Days each chamber has to vote a presidential preferential bill | 30 calendar daysConstitution art. 71, as of 2012-08-09 · in force |
| Chamber where tax and loan bills must start | Chamber of Deputies ruleConstitution art. 72 H, as of 1917-02-05 · in force |
| Year from which consecutive reelection of federal legislators is banned | 2030 yearConstitution art. 59; DOF 1 April 2025, transitory Third, as of 2025-04-01 · in force |
| Date of the next federal and local judicial election | 2028-06-04 dateDOF 2 June 2026 judicial reform decree, transitory Third, as of 2026-06-02 · in force |
The rule
| Date | Event | Rule |
|---|---|---|
| By 31 October each year | Senate deadline to approve the Federal Revenue Law for the next year | LFPRH art. 42 IV |
| By 15 November each year | Chamber of Deputies deadline to approve the federal budget | Constitution art. 74 IV |
| 15 December | Latest close of Congress's first ordinary period | Constitution art. 66 |
| 1 February to 30 April | Second ordinary period of Congress | Constitution art. 65 and art. 66 |
| 6 June 2027 | Federal midterm election: all 500 deputies | Constitution art. 51; LGIPE art. 22 |
| 4 June 2028 | Federal and local judicial election, and the date that falls in the window for any presidential recall vote | DOF 2 June 2026 decree; Constitution art. 35 IX |
| 1 September 2028 | People elected judges take office before the Senate | DOF 2 June 2026 decree, transitory Third |
| 2030 | Presidential and congressional elections; first elections under the reelection and nepotism bans | Constitution art. 59 and art. 83; DOF 1 April 2025 |
| 30 September 2030 | End of the current presidential term | Constitution art. 83 |
Political and legislative calendar that matters for investors, from the Constitution and electoral law as verified on 26 October 2026.
Worked example
- A tax bill filed by the President in September follows this path: it must start in the Chamber of Deputies (art. 72 H), then goes to the Senate. If both pass it on, say, 20 and 30 October, the Executive has until 29 November to object (30 calendar days); without objections it must be published in the DOF and only then binds taxpayers.
- If the Executive objects, the bill returns to the Chamber of Deputies and becomes law only if two thirds of the total votes in each chamber confirm it (art. 72 C).
- A sector reform done by constitutional amendment needs two thirds of the members present in each chamber plus 17 of the 32 local legislatures; once declared approved, it cannot be challenged through a constitutional controversy or an action of unconstitutionality (art. 105, fifth paragraph).
Step by step
- 1. Read the Diario Oficial de la Federación (DOF): a law, decree or regulation binds only from publication, and the transitory articles at the end set when each change takes effect.
- 2. For pending bills, track the chamber of origin and the committee: initiatives are discussed first in the chamber where they are filed (art. 72 I), and tax and loan bills always start in the Chamber of Deputies.
- 3. Watch 1 September and 1 February, when the President may file up to two preferential bills that each chamber must vote within 30 days.
- 4. Mark the electoral calendar: 6 June 2027 (deputies), 4 June 2028 (judges) and 2030 (President and Congress). Contract disputes that will reach federal courts after 2028 may be heard by newly elected judges.
- 5. For state level issues (property registry, payroll tax, local permits), read the state constitution and laws; residual powers belong to the states (art. 124).
Common traps
- Treating a reform approved by Congress as law. It binds only after publication in the DOF and from the dates in its transitory articles; many 2025 and 2026 constitutional reforms gave Congress 90 or 180 days to amend secondary laws.
- Assuming a constitutional amendment can be fought in the Supreme Court. Since 31 October 2024, constitutional controversies and actions of unconstitutionality against amendments are inadmissible.
- Reading 'no reelection' as already in force for legislators. The renewed ban on consecutive reelection of deputies and senators starts with the 2030 elections.
- Planning around a 2027 judicial election. The June 2026 reform moved the remaining judicial seats to 4 June 2028.
- Forgetting the transition year calendar. In the year a new President takes office the budget package is due by 15 November instead of 8 September (art. 74 IV), and the first congressional period may run to 31 December (art. 66).
Sources
- Constitución Política de los Estados Unidos Mexicanos, consolidated text to DOF 7 October 2026, Chamber of Deputies
- Ley General de Instituciones y Procedimientos Electorales, consolidated text to DOF 2 June 2026, Chamber of Deputies
- Ley Federal de Presupuesto y Responsabilidad Hacendaria, consolidated text to DOF 9 April 2026, Chamber of Deputies
Related pages
- macro/overview
- macro/public-finances-and-debt
- start/reform-tracker
- disputes/judicial-reform
- disputes/amparo
- /country/mexico/
- /calendar/
- Live dashboard
Related: Mexico country profile · live dashboard · central bank and release calendar · our posts on X
