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NM SB243

NM SB243
Family Income Index Distribution Uses


summary

Introduced
02/02/2022
In Committee
02/16/2022
Crossed Over
02/13/2022
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC SCHOOL FINANCE; PROVIDING MORE FLEXIBILITY FOR USES OF FAMILY INCOME INDEX DISTRIBUTIONS.

AI Summary

This bill provides more flexibility for the use of Family Income Index (FII) distributions in public schools. It amends the existing law to allow schools to use FII allocations on a wider range of evidence-based interventions, including literacy and math programs, career and college readiness, dual enrollment, career and technical education, student support services, professional development, and resources to engage families and tribal communities. The bill also removes the previous requirement that schools allocate at least one-third of their FII funds to specific uses, giving them more discretion in how to spend the money to support their students' needs.

Committee Categories

Budget and Finance, Education

Sponsors (1)

Last Action

Action Postponed Indefinitely (on 02/16/2022)

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