---
type: "Bill"
title: "NM HOUSING TRUST FUND BONDING"
description: "NM HOUSING TRUST FUND BONDING"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2023"
identifier: "SB 381"
citation: "New Mexico SB 381 (2023)"
classification: ["bill"]
subjects: ["FINANCE", "PUBLIC", "STATE AGENCIES & DEPARTMENTS (including reorganization)"]
status: "enacted"
primary_sponsors: ["Rodriguez, Nancy", "Small, Nathan P."]
version_count: 2
action_count: 8
vote_count: 0
first_action: "2023-02-08"
last_action: "2023-03-16"
source: "openstates"
source_identifier: "ocd-bill/682b66ef-6a54-4b63-8393-c23f4932ee85"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=381&year=23"
source_hash: "8f979c9217ff5cf4552808bb373a046c7c5c2e5e0463eb78a32068f8f4bb2c75"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico SB 381 (2023) — NM HOUSING TRUST FUND BONDING

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/final/SB0381.PDF)
2. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/bills/senate/SB0381.HTML)

## Sponsors

- Rodriguez, Nancy — primary (person)
- Small, Nathan P. — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-02-08** Sent to Senate Health and Public Affairs Committee & Senate Finance Committee `introduction, referral-committee`
- **2023-02-25** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-01** passed Senate `passage`
- **2023-03-01** Sent to House Taxation & Revenue Committee `introduction, referral-committee`
- **2023-03-03** DO PASS committee report adopted `committee-passage-favorable`
- **2023-02-23** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-16** Signed `executive-signature`
- **2023-03-08** passed House `passage`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/682b66ef-6a54-4b63-8393-c23f4932ee85`. Confidence: reported (aggregated from official New Mexico legislature records).