summary
Introduced
01/22/2026
01/22/2026
In Committee
01/28/2026
01/28/2026
Crossed Over
Passed
Dead
02/19/2026
02/19/2026
Introduced Session
2026 Regular Session
Bill Summary
AN ACT MAKING AN APPROPRIATION TO FUND THE OVERSIGHT DUTIES REQUIRED BY THE PROVISIONS OF THE AFFORDABLE HOUSING ACT.
AI Summary
This bill appropriates $500,000 from the state's general fund to the department of finance and administration for the New Mexico mortgage finance authority to cover oversight duties mandated by the Affordable Housing Act, a law designed to promote affordable housing options. This funding is designated for fiscal year 2027 and beyond, and any money not spent or committed by the end of a fiscal year will remain available for future use, rather than being returned to the general fund.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
HGEIC: Reported by committee with Do Pass recommendation (on 01/28/2026)
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=140&year=26 |
| HGEIC Committee Report | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0140GE1.pdf |
| Fiscal Note | https://www.nmlegis.gov/Sessions/26%20Regular/firs/HB0140.PDF |
| BillText | https://www.nmlegis.gov/Sessions/26%20Regular/bills/house/HB0140.pdf |
Loading...