summary
Introduced
02/14/2023
02/14/2023
In Committee
Crossed Over
Passed
Dead
03/18/2023
03/18/2023
Introduced Session
2023 Regular Session
Bill Summary
Minimum Post-secondary Compensation
AI Summary
This bill establishes a minimum compensation requirement for full-time and part-time faculty at public post-secondary educational institutions in New Mexico. The minimum compensation for full-time faculty is set at $26,000 for a single-semester contract, $52,000 for a nine-month contract, or $78,000 for a twelve-month or three-term contract. For part-time faculty, the minimum compensation is based on their appointment percentage relative to the full-time rates. The bill also appropriates $30 million from the general fund to the Higher Education Department to meet these compensation requirements, effective July 1, 2023.
Committee Categories
Education
Sponsors (4)
Last Action
House Education Committee (08:30:00 3/6/2023 Room 309) (on 03/06/2023)
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/Legislation/Legislation?chamber=H&legtype=B&legno=417&year=23 |
| BillText | https://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0417.pdf |
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