Signed into LawFiled Jan 13, 2026
Sponsor: Garratt, Joy
Latest Action
PASS - SGND BY GOV - Chapter 24
Mar 4, 2026
Summary
The bill moves $2.5 million each to the Public Works Apprentice and Training Fund and the Workforce Solutions Department for the 2024‑25 fiscal year, then $1.5 million each in subsequent years, provided the trust has sufficient funds. It also requires quarterly investment reports and allows limited use of the trust to cover general‑fund shortfalls. The changes aim to support apprenticeship programs and workforce development in New Mexico.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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