Bill > SB223

This bill, titled "Phased minimum teacher salary increase," aims to gradually raise the minimum salaries for teachers with different license levels and for school administrators in New Mexico. Specifically, it mandates increases for Level One teachers, who are beginning educators on a provisional license, from $32,000 in the 2015-2016 school year to $40,000 by the 2019-2020 school year and thereafter. For Level Two teachers, who have demonstrated essential competency, the minimum salary will rise from $42,000 in the 2015-2016 school year to $50,000 by the 2019-2020 school year and beyond. Level Three-A teachers, who are instructional leaders, will see their minimum salaries increase from $52,000 in the 2015-2016 school year to $60,000 by the 2019-2020 school year and subsequent years. Additionally, the bill adjusts the minimum salary for Level Three-B licensed school administrators, such as principals, to align with the Level Three-A teacher salary scale, multiplied by a responsibility factor, starting from the 2015-2016 school year. The bill also includes an appropriation of over $11.3 million from the general fund to cover these salary increases for the 2015-2016 school year, with an effective date of July 1, 2015.