Docket Room
SB 162·NM·senate

NONPROFIT AGREEMENTS WITH DEPT. OF DEFENSE

IntroducedFiled Jan 27, 2026
Sponsor: Woods, Pat
Latest Action

action postponed indefinitely

Mar 24, 2026

Summary

The bill lets a regional housing authority create a nonprofit corporation, which may sign support agreements with the Department of Defense to lease, build, or manage property. Any revenue from these activities must be used to further the authority’s affordable‑housing goals. The nonprofit remains bound by the same rules that apply to the housing authority.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Share

Track this bill

Get real-time alerts when SB 162 changes status, plus AI-powered summaries and stage predictions.

Sign up free
Docket Room · Nonpartisan legislative tracking
Docket Room IntelligencePro

Ask about your legislation

I can analyze your tracked bills, upcoming hearings, and recent changes.

AI-generated · Nonpartisan · Not legal advice