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NM SB19
Bill
AI Summary
- Secretary of Public Education may adjust the unit value for fiscal year 2026 after verifying the statewide number of units, with a deadline of February 27, 2026
- Public Education Department must consult with the Department of Finance and Administration, Legislative Finance Committee, and Legislative Education Study Committee when making the adjustment
- Declared an emergency measure, taking effect immediately upon passage
- Creates a temporary provision specifically for the FY2026 unit value reset rather than a permanent statutory change
Legislative Description
School Finance Unit Value Reset
Last Action
Signed by Governor - Chapter 2 - Jan. 31
1/31/2026
Committee Referrals
Education1/28/2026
Committees1/23/2026
Full Bill Text
No bill text available