HB 139 New Mexico House · 2026 Regular Session

NM HOUSING TRUST FUND

HB 139 appropriates $135 million from New Mexico's general fund to the Housing Trust Fund for fiscal year 2027 and beyond, directly supporting state housing programs. The bill ensures unspent funds at year-end remain in the trust fund rather than reverting to the general budget. This provides stable, multi-year funding to carry out the New Mexico Housing Trust Fund Act, which finances affordable housing initiatives. The legislation focuses on concrete financial allocation, not policy changes or outcomes.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2026 Last action Mar 24, 2026
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Jan 28, 2026
Lower · Passed
DO PASS committee report adopted
lower
Jan 22, 2026
Introduced
Sent to House Government, Elections and Indian Affairs Committee & House Appropriations & Finance Committee
lower
2 primary · 0 co-sponsors

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