Docket Room
SB 106·NM·senate

GRADUATE SCHOLARSHIP ACT FUNDING

Reported by CommitteeFiled Jan 23, 2026
Sponsor: Pope, Harold J., Jr.
Latest Action

action postponed indefinitely

Mar 24, 2026

Summary

The bill directs $5 million from New Mexico’s general fund to the Higher Education Department for the 2027 fiscal year to carry out the Graduate Scholarship Act. Any portion of that money that remains unspent at the end of FY 2027 will be returned to the general fund. The appropriation is intended to support graduate‑student scholarship programs.

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