Bill > SB64

This bill establishes a three-year Career Development Success Pilot Project in New Mexico's Public Education Department designed to incentivize and support student participation in career development programs. The project will provide financial rewards to school districts (including charter schools) for each student who successfully completes a career development program, with incentives ranging from $250 to $750 per student. Career development programs include career technical education, approved internships, pre-apprenticeships, and apprenticeship programs that result in industry-recognized credentials. The Department of Public Education will be responsible for identifying accessible career development programs, establishing participation guidelines, and creating a tiered incentive system. The department must submit annual reports to the governor and legislative education study committee detailing participation, student demographics, program types, expenditures, and potential outcomes. A dedicated pilot project fund of $1.5 million will be created from the general fund to support the initiative, with funds available from fiscal years 2026-2028. The project aims to study whether financial incentives can increase the number of students prepared to enter the workforce after graduation, with a final comprehensive report and potential legislative recommendations due by December 31, 2028.

Education

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=64&year=25