Summary:

 Senate Bill320 (SB320) makes an appropriation for the North Central New Mexico Economic Development District to support mobile home replacement initiatives by the Non-Metro New Mexico Area Agency  on Aging. 

Legislation Overview:

 Senate Bill320 (SB320) states that two million dollars ($2,000,000) is appropriated from the General Fund to the Local Government Division of the Department of Finance and Administration for expenditure in Fiscal Year 2026 for the North Central New Mexico Economic Development District to support mobile home replacement initiatives by the Non-Metro New Mexico Area Agency on Aging.  Any unexpended or unencumbered balance remaining at the end of Fiscal Year 2026 shall revert to the General Fund.