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NM SB7

NM SB7
Nm Housing Trust Fund


summary

Introduced
01/16/2024
In Committee
01/23/2024
Crossed Over
Passed
Dead
01/23/2024

Introduced Session

2024 Regular Session

Bill Summary

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

AI Summary

This bill appropriates $500 million from the general fund to the New Mexico Housing Trust Fund for the New Mexico Mortgage Finance Authority to carry out the provisions of the New Mexico Housing Trust Fund Act in the 2025 fiscal year and subsequent years. Any unspent or uncommitted funds at the end of a fiscal year will not revert back to the general fund.

Sponsors (7)

Last Action

Senate Finance Committee (03:30:00 2/3/2024 Room 322) (on 02/03/2024)

bill text


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