summary
Introduced
02/18/2021
02/18/2021
In Committee
03/17/2021
03/17/2021
Crossed Over
03/13/2021
03/13/2021
Passed
03/19/2021
03/19/2021
Dead
Signed/Enacted/Adopted
03/19/2021
03/19/2021
Introduced Session
2021 Regular Session
Bill Summary
AN ACT RELATING TO PUBLIC EDUCATION; ENACTING THE FAMILY INCOME INDEX ACT; REQUIRING THE CALCULATION OF A FAMILY INCOME INDEX AND PROVIDING FOR FUNDING DISTRIBUTIONS TO SCHOOL DISTRICTS THROUGH THAT INDEX; REQUIRING ALLOCATIONS TO ELIGIBLE PUBLIC SCHOOLS; PROVIDING ALLOWABLE USES FOR DISTRIBUTIONS AND ALLOCATIONS; REQUIRING INFORMATION-SHARING AGREEMENTS.
AI Summary
This bill enacts the Family Income Index Act, which requires the calculation of a family income index for each public school in New Mexico. The index is based on the percentage of students in each school who come from households with extremely low, very low, low, moderate, and above average incomes, as defined by the federal poverty level. The bill provides for funding distributions to school districts based on this index, with allocations going to the eligible public schools with the highest family income indices. The funds must be used for specified purposes, such as literacy and math interventions, as well as other support services for students from low-income households.
Committee Categories
Budget and Finance, Education
Sponsors (1)
Last Action
Signed by Governor - Chapter 18 - Apr. 5 (on 03/19/2021)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/lcs/legislation.aspx?chamber=S&legtype=B&legno=17&year=21 |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/final/SB0017.pdf |
| BillText | https://www.nmlegis.gov/Sessions/21%20Regular/bills/senate/SB0017.pdf |
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