2023 Legislative Session Bill Watch
Policy that affects your business, affects your clients.

As we progress through this year’s 60-day session, we will continue to send updates on important legislation that impacts our industry and our clients.

As the old saying goes, “If you don’t have a seat at the table, you might be on the menu.” As real estate professionals, it is imperative that we stay up to date on legislation being considered and use our collective voices to work toward greater financial stability, increased housing opportunities, and the growth and diversification of the state’s economy.

Below is a list of bills the NMAR Legislative Committee is tracking:
SUPPORT
  • HJR 5 – Extend Veteran Property Tax Exemption, CA
  • HJR 6 – Increase Veteran Property Tax Exemption, CA
  • SB 133 – Catalytic Converter Sales Records
  • SB 139 – Services for Homeless People
  • SB 140 – NM Housing Trust Fund
  • SB 141 – Santa Fe Homeless Shelter and Programming
  • SB 281 – Independent Construction Inspectors
  • SB 286 – Discriminatory Restrictive Covenants
MONITOR
  • HB 25 – Minimum Wage Increase and Indexing
  • HB 26 – Notice for Abandoned Property Lists
  • HB 28 – State Minimum Wage Cost-of-Living Increase
  • HB 45 – Natural Heritage Conservation Act Amendments
  • HB 115 – Psychometrically Sound Home Inspector Exam
  • HB 165 – Uniformed Unclaimed Property Act
  • HB 179 – Filing of Liens with Property Owner
  • HB 185 – Environmental Standards for Appliances and Fixtures
  • HB 186 – Disabled Veteran Property Tax Proof
  • HB 207 – Expand Human Rights Act Scope
  • HB 250 – Corrections of Real Property Recordings
  • HB 255 – Employee Leasing Benefit Plans
  • HB 273 – Uniform Cohabitants’ Econ Remedies Act
  • HJR 10 – Veteran Property Tax Exemption, CA
  • HJR 11 – Firefighter Property Tax Exemption, CA
  • SB 11 – Paid Family and Medical Leave Act
  • SB 46 – Wrongful Foreclosure Protection Act
  • SB 66 – GRT Distribution to Certain Entities
  • SB 162 – Behavioral Health Transitional Housing
  • SB 222 – Retention of Water Rights Original Documents
  • SB 246 – Uniform Law on Notarial Acts
  • SB 247 – Uniform Licensing Act Changes
  • SB 298 – Mobile Home Park Act Changes
  • SJR 9 – Anti-Donation Clause, CA  
OPPOSE
  • HB 241 – Construction of Certain Dwelling Units
  • HJR 4 – Environmental Rights, CA
  • SB 77 – New Home Build Renewable Requirements
  • SB 99 – Rent Control Prohibitions
  • SJR 6 – Environmental Rights, CA
  • SJR 8 – Foreign Nation-Owned Property Taxes, CA
View updates on the 2023 Legislative Session: