WELCOME CHILD ACT & FUND

Summary

The Welcome Child Act sets up a non‑reverting fund that pays a cash benefit to parents or legal guardians of newborn or newly adopted children who have lived in New Mexico at least six months before the child's arrival. Eligible families receive three monthly payments of $3,000 each, or a $9,000 lump sum if the eligibility decision comes 90 days or more after the birth or adoption. The program starts on January 1, 2028 and is financed by an annual $189 million transfer from the Early Childhood Education and Care Fund.

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