Actions:  HEC/HGEIC-HEC
Scheduled: Not Scheduled
House Bill 107 (HB 107repeals the Opportunity Scholarship Act; declares an emergency.Legislation Overview:
House Bill 107 (HB 107) repeals the Opportunity Scholarship Act (Act). SECTION 1 repeals State and Private Education Institutions Sections 21-21R-1 through 21-21R-8 NMSA 1978 (being Laws 2022, Chapter 42, Sections 1 through 8). SECTION 2 provides a temporary provision that directs the Higher Education Department shall not distribute money in the Opportunity Scholarship Fund (Fund) after the semester of any public post-secondary educational institution or tribal college that is contemporaneous with the repeal of the Act. Any unexpended or unencumbered balance in the Fund on July 1, 2023 shall revert to the General Fund. SECTION 3 declares an emergency. It is necessary for the public peace, health and safety that this act take effect immediately.