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NM SB118

NM SB118
Early Childhood Care Fund Uses


summary

Introduced
01/20/2022
In Committee
01/24/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC FINANCE; EXPANDING THE USES FOR WHICH THE LEGISLATURE MAY APPROPRIATE MONEY FROM THE EARLY CHILDHOOD EDUCATION AND CARE PROGRAM FUND.

AI Summary

This bill expands the uses for which the legislature may appropriate money from the Early Childhood Education and Care Program Fund. The bill increases the annual distribution from the Early Childhood Education and Care Fund to the Early Childhood Education and Care Program Fund from $30 million to $40 million. It also allows the legislature to appropriate money from the Early Childhood Education and Care Fund to the general fund if necessary to meet general fund appropriations for a fiscal year, provided that certain other state funds have been exhausted first. The bill also allows expenditures from the Early Childhood Education and Care Program Fund to be made by the authorized representative of any executive agency for which the legislature has made an appropriation from the fund, not just the Secretary of Early Childhood Education and Care.

Committee Categories

Health and Social Services

Sponsors (3)

Last Action

Senate Health and Public Affairs Committee (00:00 2/2/2022 Room 311) (on 02/02/2022)

bill text


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