WithdrawnFiled Jan 26, 2026
Sponsor: Garratt, Joy
Latest Action
action postponed indefinitely
Mar 24, 2026
Summary
The proposal changes the definition of entities that can receive state financing to include nonprofit groups linked to charter schools. It authorizes the New Mexico Finance Authority to make facility loans from a revolving fund, caps a charter school's share of certain capital projects at 10%, and requires the maximum grant amount for lease assistance. The measure was withdrawn and is not moving forward.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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