0001|                            HOUSE BILL 167
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0002|     43RD LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, 1998
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0003|                            INTRODUCED BY
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0004|                          PAULINE K. GUBBELS
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0005|     
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0006|                                   
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0007|     
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0008|                                   
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0009|     
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0010|                                AN ACT
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0011|     RELATING TO EDUCATION; AMENDING THE INCENTIVES FOR SCHOOL
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0012|     IMPROVEMENT ACT.
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0013|     
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0014|     BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0015|          Section 1.  Section 22-13A-2 NMSA 1978 (being Laws 1989,
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0016|     Chapter 137, Section 2, as amended) is amended to read:
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0017|          "22-13A-2.  PURPOSE.--The purpose of the Incentives for
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0018|     School Improvement Act is to provide financial incentives to
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0019|     individual schools <u>and teachers</u> that exceed expected
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0020|     academic performance."
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0021|          Section 2.  Section 22-13A-6 NMSA 1978 (being Laws 1989,
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0022|     Chapter 137, Section 6, as amended) is amended to read:
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0023|          "22-13A-6.  FUND CREATED.--
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0024|               A.  There is created in the state treasury the
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0025|     "incentives for school improvement fund".  The fund shall
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0001|     consist of any state money appropriated to the fund, <s>[any]</s>
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0002|     federal money allocated to the state for the purposes of the
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0003|     Incentives for School Improvement Act, undistributed annual
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0004|     balances and earnings of the fund and <s>[any]</s> gifts or
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0005|     bequests made to the fund.  The state treasurer shall invest
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0006|     the fund as other state funds are invested.  The balance
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0007|     remaining in the fund at the end of the fiscal year shall not
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0008|     revert to the general fund.
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0009|               B.  The fund is appropriated to the department for
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0010|     the purpose of implementing and administering the Incentives
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0011|     for School Improvement Act.  No more than three percent of the
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0012|     fund may be retained by the department for administrative
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0013|     purposes.
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0014|               C.  Money in the fund other than that used for
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0015|     administrative purposes shall be distributed directly to
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0016|     schools evidencing the greatest improvement as determined by
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0017|     the department.  Disbursements shall be made only to that
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0018|     number of schools constituting not more than ten percent of
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0019|     the student membership in the state.  Distributions shall be
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0020|     made proportionately to schools that qualify.  
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0021|               <u>D.</u>  Money received by a school from the fund
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0022|     shall not be used for salaries, salary increases or bonuses. 
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0023|     <u>Money in the fund may be used for a one-time salary
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<u></u>0024| <u>    adjustment that does not become part of the employee's wage
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<u></u>0025| <u>    base for future salary increment purposes.  The one-time
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<u></u>0001| <u>    salary adjustment shall be paid in return for services
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<u></u>0002| <u>    currently rendered to the school.</u>  Money shall be used as
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0003|     determined by the school principal and teachers in cooperation
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0004|     with other school employees and the community."
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0005|                                  
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0006|     
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