New Mexico 2025 2025 Regular Session

New Mexico House Bill HB420 Introduced / Bill

Filed 02/12/2025

                    underscored material = new
[bracketed material] = delete
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HOUSE BILL 420
57
TH LEGISLATURE 
-
 
STATE
 
OF
 
NEW
 
MEXICO
 
-
 FIRST SESSION
,
 
2025
INTRODUCED BY
Pamelya Herndon
AN ACT
MAKING AN APPROPRIATION TO THE HEALTH CARE AUTHORITY TO ADDRESS
HOUSING SUPPORT NEEDS AND ADMINISTER A HOUSING STABILIZATION
PROGRAM.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Six million dollars
($6,000,000) is appropriated from the general fund to the
health care authority for expenditure in fiscal year 2026 to
address transitional housing support needs for the reentry
population and administer a housing stabilization program.  Any
unexpended or unencumbered balance remaining at the end of
fiscal year 2026 shall revert to the general fund.
.230675.1