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NM SB19

NM SB19
New Mexico Housing Trust Fund


summary

Introduced
01/18/2022
In Committee
01/25/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

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

AI Summary

This bill appropriates $70 million from the general fund to the New Mexico Housing Trust Fund for use in fiscal year 2023 and subsequent years by the New Mexico Mortgage Finance Authority to carry out the provisions of the New Mexico Housing Trust Fund Act. The funds do not revert to the general fund if they are unexpended or unencumbered at the end of a fiscal year.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 01/25/2022)

bill text


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