Bill > HJR1

This Joint Resolution proposes an amendment to the New Mexico Constitution to allow for increased annual distributions from the state's permanent funds, which are funds derived from lands granted to the state. Specifically, it aims to direct additional money from the Permanent School Fund towards educational programs and early childhood educational services. For fiscal years 2020 and 2021, a portion of these additional distributions would support general educational programs and early childhood services, while from fiscal year 2022 onwards, the entire additional distribution would be dedicated to early childhood educational services. The resolution defines "early childhood educational services" as nonsectarian programs for children before kindergarten, with specific guidelines on how these funds should be used to enhance availability and quality, prioritize low-income communities, and ensure comparable employment standards for providers. Importantly, this constitutional amendment requires approval from the U.S. Congress to take effect and can be suspended by the legislature with a three-fifths vote.