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NM SB106

NM SB106
Graduate Scholarship Act Funding


summary

Introduced
01/23/2026
In Committee
02/02/2026
Crossed Over
Passed
Dead
02/19/2026

Introduced Session

2026 Regular Session

Bill Summary

AN ACT MAKING AN APPROPRIATION TO THE HIGHER EDUCATION DEPARTMENT TO CARRY OUT THE PURPOSES OF THE GRADUATE SCHOLARSHIP ACT.

AI Summary

This bill appropriates five million dollars ($5,000,000) from the state's general fund to the higher education department for the fiscal year 2027, specifically to fund the Graduate Scholarship Act. The Graduate Scholarship Act is a program designed to provide financial assistance to students pursuing graduate-level education, and this appropriation will allow the department to continue carrying out the act's objectives. Any money from this appropriation that is not spent by the end of fiscal year 2027 will be returned to the general fund.

Sponsors (1)

Last Action

SEC: Reported by committee with Do Pass recommendation (on 02/02/2026)

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