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SB 19·NM·senate

SCHOOL FINANCE UNIT VALUE RESET

Signed into LawFiled Jan 23, 2026
Sponsor: Soules, William P.
Latest Action

Signed

Feb 2, 2026

Summary

The bill authorizes the Secretary of Public Education to adjust the unit value used to fund public schools after confirming the total number of units statewide, with the adjustment to be made no later than February 27, 2026. The Secretary must consult the Department of Finance and Administration and two legislative committees before making the change. Because the act is declared an emergency, it takes effect immediately.

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