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NM HB139

NM HB139
Nm Housing Trust Fund


summary

Introduced
01/22/2026
In Committee
01/28/2026
Crossed Over
Passed
Dead
02/19/2026

Introduced Session

2026 Regular Session

Bill Summary

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

AI Summary

This bill appropriates $135,000,000 from the state's general fund to the New Mexico Housing Trust Fund for use in fiscal year 2027 and beyond, specifically to support the goals of the New Mexico Housing Trust Fund Act, which aims to address housing needs in the state; importantly, any money not spent or committed by the end of a fiscal year will remain in the fund and not be returned to the general fund, ensuring continuous availability of these resources for housing initiatives.

Committee Categories

Government Affairs

Sponsors (2)

Last Action

HGEIC: Reported by committee with Do Pass recommendation (on 01/28/2026)

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