AN ACT
CREATING A FUND FOR PROFESSIONAL
DEVELOPMENT FOR PUBLIC SCHOOL TEACHERS.
BE IT ENACTED BY THE LEGISLATURE OF
THE STATE OF NEW MEXICO:
Section 1. A new section of the Public School Code is
enacted to read:
"TEACHER PROFESSIONAL
DEVELOPMENT FUND.--
A. The "teacher professional development
fund" is created in the state treasury to provide funding for professional
development programs and projects for public school teachers. The fund consists of appropriations, gifts,
grants, donations and income from investment of the fund. Money in the fund shall not revert to any
other fund at the end of a fiscal year.
The fund shall be administered by the department of education and money
in the fund is appropriated to the department to carry out the purposes of the
fund.
B. The department of education shall evaluate
the success of each professional development program or project funded and
report its findings to the legislative education study committee each
year."
HAFC/HB 159
Page 1