HB 277 New Mexico House · 2025 Regular Session

MILLAGE FOR CERTAIN SCHOOL DISTRICTS

HB 277 modifies how much local funding school districts must contribute for state-funded building projects. It specifically reduces the required local share for small, high-poverty districts with limited ability to raise funds through property taxes. To qualify, districts must have residential tax rates of $8 or less per $1,000 valuation, fewer than 800 students, and over 70% of students eligible for free/reduced lunch. The bill adjusts the existing funding formula to provide greater state support to these districts, making capital projects more accessible. This change directly affects struggling school districts that cannot meet standard local contribution requirements.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2025 Last action Jun 3, 2025
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Full legislative history

Actions timeline

Total actions
3
Key actions
1
Committee
1
Mar 1, 2025
Lower · Passed
DO PASS committee report adopted
lower
Feb 5, 2025
Introduced
Sent to House Education Committee & House Appropriations & Finance Committee
lower
5 primary · 0 co-sponsors

Sponsors