HB 63 New Mexico House · 2025 Regular Session

PUBLIC SCHOOL FUNDING FORMULA CHANGES

HB 63 updates New Mexico's public school funding formula to provide more resources for schools serving students from extremely/very low-income families and students learning English. It increases base funding for grades 6-12, creates a new funding unit specifically for English Learner programs, and adjusts how schools with high at-risk student populations are calculated. The bill includes a "hold harmless" provision to prevent funding cuts during implementation. These changes directly affect all public school districts and charter schools in New Mexico, particularly those with significant populations of low-income students or English Learner students.
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
Mar 2025
House Passage
Mar 2025
Senate Passage
Mar 2025
Signed into Law
Apr 2025
Introduced Jan 9, 2025 Signed Apr 9, 2025
Maddy AI version diff · 1 comparison

What changed between versions

introduced version Final Version · 5 edits
MODERATE
This bill amends New Mexico's public school finance definitions and charter school budget requirements. It clarifies how student membership is counted for funding purposes, establishes new definitions for program elements, and modifies how charter schools calculate their operating budgets after the first year of operation.
Scope change
The bill expands the scope of public school funding definitions to include more specific criteria for student eligibility and adds new requirements for charter school budget submissions.
DEFINITION

Updated the definition of 'withdrawals' to exclude students who are in need of intervention or chronically absent, which affects how student membership is calculated for funding purposes.

Added new definitions for 'qualified student' with specific age and enrollment criteria, including provisions for students who have reached their second birthday during the 2019-2020 school year.

Reorganized and renumbered definitions from H through S, adding new categories for 'rural population rate', 'staffing cost multiplier', and 'state superintendent'.

REQUIREMENT

Added requirements for charter schools to submit operating budgets to the charter schools division for approval or amendment, with local school boards having limited authority over budget line items.

Added provisions for calculating at-risk index for charter schools on their membership after the first year of operation.

Floor votes · Senate Mar 21, 2025 · House Mar 4, 2025

How they voted

360
Passed · 4 other
Total votes 40
Mar 21, 2025
D Democratic24
23 Yea 1
95% Yea
R Republican16
13 Yea 3
81% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
11
Key actions
8
Committee
4
Apr 9, 2025
Signed into law
Signed
executive
Mar 22, 2025
Executive · Passed
House concurred in Senate amendments
executive
Mar 21, 2025
Upper · Passed
passed Senate
upper
Mar 20, 2025
Upper · Passed
DO PASS, as amended, committee report adopted
upper
Mar 10, 2025
Upper · Passed
DO PASS committee report adopted
upper
Mar 5, 2025
Introduced
Sent to Senate Education Committee & Senate Finance Committee
upper
Mar 4, 2025
Lower · Passed
passed House
lower
Mar 1, 2025
Lower · Passed
DO PASS, as amended, committee report adopted
lower
Feb 4, 2025
Lower · Passed
DO PASS, as amended, committee report adopted
lower
Jan 22, 2025
Introduced
Sent to House Education Committee & House Appropriations & Finance Committee
lower
Jan 9, 2025
Introduced
Sent to House Pre-file
lower
2 primary · 0 co-sponsors

Sponsors