SENATE BILL 263
54th legislature - STATE OF NEW MEXICO - second session, 2020
Bill B. O'Neill
RELATING TO PUBLIC SCHOOL FINANCE; INCREASING THE FINE ARTS EDUCATION PROGRAM UNIT.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 22-8-23.5 NMSA 1978 (being Laws 2003, Chapter 144, Section 3 and Laws 2003, Chapter 152, Section 8) is amended to read:
"22-8-23.5. FINE ARTS EDUCATION PROGRAM UNITS.--The number of fine arts education program units is determined by multiplying the full-time-equivalent MEM in programs implemented in accordance with the provisions of the Fine Arts Education Act by the cost differential factor of 0.0166 for fiscal year 2004, 0.0332 for fiscal year 2005, [and] 0.05 for fiscal year 2006 and 0.06 for fiscal year 2021 and succeeding fiscal years."