SENATE BILL 162
54th legislature - STATE OF NEW MEXICO - second session, 2020
Gerald Ortiz y Pino
MAKING AN APPROPRIATION TO PROVIDE FORECLOSURE PREVENTION COUNSELING AND LEGAL SUPPORT SERVICES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Two million three hundred thousand dollars ($2,300,000) is appropriated from the general fund to the administrative office of the courts for expenditure in fiscal year 2021 and subsequent fiscal years to work in cooperation with the state bar of New Mexico to provide foreclosure prevention counseling and legal support services to New Mexico residents seeking foreclosure assistance. Any unexpended or unencumbered balance remaining at the end of a fiscal year shall not revert to the general fund.