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SB 119NEW MEXICOSession 2026State Billdead

Did Not Advance

New Mexico creates $5 million demolition fund for condemned and blighted residential properties

Original title: CREATE DEMOLITION FUND

Last action · January 23, 2026: Sent to SCC - Referrals: SCC/SJC/SFCSponsor: Moe Maestas

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

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What This Bill Proposed

Senate Bill 119 creates the Demolition Fund in the state treasury, appropriating $5 million to the Local Government Division of the Department of Finance and Administration to provide grants for demolishing condemned residential properties or reimbursing property owners for demolition costs.

Why it matters

Counties, municipalities, and qualifying residential property owners gain access to state grant funding for tearing down severely deteriorated or condemned housing starting in 2027.

Background

Antonio Maestas is a member of the New Mexico Senate representing the state legislature. context
The Local Government Division is a division within the New Mexico Department of Finance and Administration that assists local governing bodies. context

Who It Would Have Affected

Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.

Directly affected

counties and municipalities

Local governments become eligible to receive state grants to demolish condemned residential properties and establish owner reimbursement programs.

Directly affected

residential property owners

Property owners with blighted or significantly deteriorated structures gain the ability to apply for reimbursement of demolition costs.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Who is eligible to apply for demolition cost reimbursements?

Residential property owners are eligible if their property is located in a slum or blighted area subject to a , or if the property is significantly deteriorated and the repair costs significantly outweigh the costs of demolition.

How much money is initially appropriated to the Demolition Fund?

Five million dollars ($5,000,000) is appropriated from the general fund for expenditure in 2027 and subsequent fiscal years.

When must the state establish rules for the fund?

The Local Government Division of the Department of Finance and Administration must promulgate rules for administering the fund by December 1, 2026.

What else do you want to know?

News Coverage

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Where This Stands

This bill did not become law - Died at adjournment · in Senate committee.

Procedural history

1 action

Jan 23, 2026SenateCommittee
Sent to SCC - Referrals: SCC/SJC/SFC

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

Local Government Division, Moe Maestas, Department of Finance and Administration

OrganizationLocal Government Division“Administers the Demolition Fund and promulgates rules”Map →

PersonMoe Maestas“Introduced Senate Bill 119”Map →

OrganizationDepartment of Finance and Administration“Houses the Local Government Division and oversees fund warrants”Map →

Sources

Open source document

www.nmlegis.gov

Analysis Score

0–100

Significance20
Lowered because this bill did not pass (its text scored 65)
Controversy15
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz25
Current news / social attention level

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