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HB 47·NM·house

SCHOOL EMPLOYEE INSURANCE PROGRAMS

Signed into LawFiled Jan 7, 2026
Sponsor: Lara, Raymundo
Latest Action

PASS - SGND BY GOV - Chapter 52

Mar 9, 2026

Summary

The bill changes how much the state and school districts must pay toward group life, medical and disability insurance for public‑school workers, guaranteeing higher contribution percentages for lower‑paid staff. It also orders a comprehensive study on the long‑term viability of these insurance programs and earmarks $73.2 million for the 2027 fiscal year. The changes aim to make school employee benefits more affordable and to plan for future costs.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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