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NM SB28

NM SB28
New Mexico Housing Trust Fund


summary

Introduced
01/19/2021
In Committee
02/01/2021
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE NEW MEXICO HOUSING TRUST FUND.

AI Summary

This bill appropriates $12 million from the general fund to the New Mexico Housing Trust Fund for use by the New Mexico Mortgage Finance Authority in carrying out the provisions of the New Mexico Housing Trust Fund Act in fiscal year 2022 and subsequent fiscal years. Any unexpended or unencumbered balance remaining at the end of a fiscal year will not revert to the general fund.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (2)

Last Action

SHPAC: Reported by committee with Do Pass recommendation (on 02/01/2021)

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