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NM SB273

NM SB273
Veteran Transitional Housing


summary

Introduced
02/03/2025
In Committee
02/12/2025
Crossed Over
Passed
Dead
03/22/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE VETERANS' SERVICES DEPARTMENT TO CONTRACT FOR SERVICES TO SUPPORT TRANSITIONAL HOUSING FOR VETERANS AND THEIR FAMILIES.

AI Summary

This bill appropriates $500,000 from the state's general fund to the New Mexico Veterans' Services Department specifically to contract for services supporting transitional housing for veterans and their families during fiscal year 2026. The funding is intended to help veterans and their families who are experiencing housing instability by providing resources for temporary housing support. An important provision of the bill stipulates that any unused funds at the end of fiscal year 2026 will be returned (or "revert") to the general fund, ensuring accountability and preventing unspent money from being carried over indefinitely. The bill represents a targeted effort to address housing challenges faced by veterans, recognizing the unique transitional needs of those who have served in the military and their families.

Committee Categories

Government Affairs

Sponsors (8)

Last Action

Action Postponed Indefinitely (on 02/12/2025)

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