Part ofEducation Finance →

The civic record

Read. Follow. Verify.

SB 19NEW MEXICOSession 2026State BillSigned into law

Enacted

New Mexico authorizes education secretary to reset fiscal year 2026 school funding unit value

Original title: SCHOOL FINANCE UNIT VALUE RESET

Last action · January 31, 2026: Signed by Governor - Chapter 2 - Jan. 31Sponsors: Craig Brandt and 10 others

Bill progressHistory & official text ↓

Introduced

Committee

Floor Vote

Passed

Law

Track this bill to get notified when it advances a stage. One tap to stop, anytime.

Public stanceCommunity reactions are separate from the official record and reporting.

What This Bill Does

The New Mexico legislature authorized the secretary of public education to adjust the 2026 school funding by February 27, 2026, upon verifying statewide units. The measure takes effect immediately as an emergency act.

Why it matters

Determines the per-unit funding calculations distributed to public school districts across the state, affecting how state educational funds are allocated for the 2026 .

Who It Affects

Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.

Directly affected

Public school districts

Their state funding calculations depend on the adjusted fiscal year 2026 unit value set by the secretary of public education.

Directly affected

Public Education Department

The department is authorized to verify statewide units and adjust the unit value in consultation with other state entities.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What does SB 19 do regarding school funding?

It allows the secretary of public education to adjust the 2026 school funding after verifying statewide units.

When must the unit value adjustment be completed?

No later than February 27, 2026.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Follow the record

Votes, people, money & the original source

Where This Stands

Current status: Signed into law.

Procedural history

8 actions

Jan 31, 2026Governor of New MexicoEnrolled
Signed by Governor - Chapter 2 - Jan. 31
Jan 30, 2026HouseFloor
Passed in the House of Representatives - Y:65 N:0
Jan 30, 2026House
HEC: Reported by committee with Do Pass recommendation
Jan 28, 2026HouseCommittee
Sent to HEC - Referrals: HEC
Jan 28, 2026SenateFloor
Passed in the Senate - Y:36 N:1
Jan 28, 2026Senate
SEC: Reported by committee with Do Pass recommendation

Show 2 earlier actions

Jan 26, 2026Senate
SCC: Reported by committee to fall within the purview of a 30 day session
Jan 23, 2026SenateCommittee
Sent to SCC - Referrals: SCC/SEC

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Connected Entities

Public Education Department, Legislative Education Study Committee, Legislative Finance Committee and 1 more

OrganizationPublic Education Department“consults on and adjusts the unit value”Map →

OrganizationLegislative Education Study Committee“consulted by the public education department”Map →

OrganizationLegislative Finance Committee“consulted by the public education department”Map →

OrganizationDepartment of Finance and Administration“consulted by the public education department”Map →

Sources

Open source document

www.nmlegis.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz25
Current news / social attention level

Publisher tools