SENATE BILL 350

57th legislature - STATE OF NEW MEXICO - first session, 2025

INTRODUCED BY

Leo Jaramillo and Cindy Nava and Joshua A. Sanchez

and Heather Berghmans

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.

.230599.1