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NM SB411

NM SB411
Housing & Rent Changes


summary

Introduced
02/13/2023
In Committee
03/02/2023
Crossed Over
Passed
Dead
03/18/2023

Introduced Session

2023 Regular Session

Bill Summary

Housing & Rent Changes

AI Summary

This bill makes several changes to the Uniform Owner-Resident Relations Act in New Mexico. The key provisions are: - Expands the definition of the short title to the entire Chapter 47, Article 8 NMSA 1978. - Limits late fees for residents with government rental subsidies to 10% of the resident's portion of rent. - Requires owners to provide residents with a receipt for each rent payment. - Expands the requirements for owners to provide an itemized list of deductions from security deposits and the balance due. - Increases the notice period for termination of month-to-month tenancies from 30 to 11 days for non-payment of rent. - Adds new protections for residents against retaliation by owners for engaging in certain protected activities. - Requires courts to maintain a list of rental assistance resources to provide to parties in eviction proceedings. - Establishes requirements for owners to renew rental agreements during a declared emergency that includes a moratorium on evictions. The overall effect is to provide more tenant protections and rights under the Uniform Owner-Resident Relations Act in New Mexico.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

SHPAC: Reported by committee with Do Pass recommendation (on 03/02/2023)

bill text


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