New Mexico HB140: AFFORDABLE HOUSING ACT OVERSIGHT DUTIES

What the bill says

An act making an appropriation to fund the oversight duties required by the provisions of the affordable housing act.

From the introduced text, January 22, 2026:

AN ACT MAKING AN APPROPRIATION TO FUND THE OVERSIGHT DUTIES REQUIRED BY THE PROVISIONS OF THE AFFORDABLE HOUSING ACT. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. APPROPRIATION.--Five hundred thousand dollars ($500,000) is appropriated from the general fund to the department of finance and administration for expenditure by the New Mexico mortgage finance authority in fiscal year 2027 and subsequent fiscal years for the oversight duties required by the provisions of the Affordable Housing Act. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund. .232397.1SA

Read the full official text

Sponsors

• Janelle Anyanonu (D, HD-019) · primary sponsor
• D. Wonda Johnson (D, HD-005)

Latest actions

1. January 28, 2026: HGEIC: Reported by committee with Do Pass recommendation
2. January 22, 2026: Sent to HGEIC - Referrals: HGEIC/HAFC
3. : Action Postponed Indefinitely

Common questions

What is HB140?

HB140 is a bill in the New Mexico Legislature (2026 Regular Session): AFFORDABLE HOUSING ACT OVERSIGHT DUTIES.

What does HB140 do?

In its own words: An act making an appropriation to fund the oversight duties required by the provisions of the affordable housing act.

What is the status of HB140?

In committee as of January 28, 2026. Latest action: HGEIC: Reported by committee with Do Pass recommendation (January 28, 2026).

Who sponsored HB140?

Janelle Anyanonu (D, HD-019), with 1 co-sponsor.

Where is the official record for HB140?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=140&year=26