Bill > HB107

This bill, the General Appropriation Act of 2022, is the main budget bill for the state of New Mexico. It makes general appropriations and authorizes expenditures by state agencies for the 2022-2023 fiscal year. Some key provisions of the bill include: - Defining important terms like "agency," "efficiency," "federal funds," and "performance measures" that are used throughout the appropriations. - Providing general provisions governing the use of the appropriations, including requirements for reversion of unexpended balances. - Making appropriations to various state agencies, programs, and services across sectors like education, public safety, healthcare, and transportation. - Requiring the Public Education Department to set minimum teacher salaries, provide targeted salary increases, and ensure all eligible students participate in extended learning time and K-5 plus programs. - Appropriating funds to the state equalization guarantee distribution to support public schools, including for at-risk student services, extended learning time, and K-5 plus programs. - Establishing performance targets and measures for various agencies and programs to track outcomes and accountability. Overall, the bill provides the budget and spending authority for the state government to function and deliver services to New Mexico residents in the 2022-2023 fiscal year.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=107&year=22