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Bill > SB159


NM SB159

NM SB159
Teacher Loan Repayment


summary

Introduced
01/31/2021
In Committee
02/10/2021
Crossed Over
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO HIGHER EDUCATION; ALLOWING ALL NEW MEXICO PUBLIC SCHOOL TEACHERS TO QUALIFY FOR LOAN REPAYMENT OF UNDERGRADUATE AND GRADUATE DEGREES IN EDUCATION; ALLOWING FOR PRIORITY FOR DESIGNATED HIGH-NEED TEACHER POSITIONS IF PROGRAM FUNDS ARE LIMITED.

AI Summary

This bill amends the existing Teacher Loan Repayment Act to allow all new Mexico public school teachers to qualify for loan repayment of their undergraduate and graduate degrees in education. The bill also allows for priority to be given to teachers in designated high-need positions, such as bilingual education, early childhood education, special education, STEM, or career technical education, or teachers who are minorities, if program funds are limited. The bill also expands the definition of "loan" to include tuition and fee costs for bachelor's, master's, or doctoral degrees in education fields that lead to employment as a teacher in a New Mexico public school.

Committee Categories

Budget and Finance, Education

Sponsors (1)

Last Action

SEC: Reported by committee with Do Pass recommendation (on 02/10/2021)

bill text


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