0001| HOUSE BILL 193
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0002| 43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003| INTRODUCED BY
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0004| PATSY G. TRUJILLO
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0005|
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0006|
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0007|
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0008| FOR THE LEGISLATIVE EDUCATION STUDY COMMITTEE
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0009|
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0010| AN ACT
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0011| RELATING TO EDUCATION; AMENDING SECTION 22-15-9 NMSA 1978
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0012| (BEING LAWS 1967, CHAPTER 16, SECTION 213, AS AMENDED) TO
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0013| INCREASE THE DISTRIBUTION TO SCHOOL DISTRICTS FROM THE
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0014| INSTRUCTIONAL MATERIAL ACCOUNTS.
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0015|
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0016| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
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0017| Section 1. Section 22-15-9 NMSA 1978 (being Laws 1967,
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0018| Chapter 16, Section 213, as amended) is amended to read:
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0019| "22-15-9. INSTRUCTIONAL MATERIAL ACCOUNTS--CREDIT
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0020| ALLOCATIONS.--
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0021| A. The department of education shall establish a
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0022| separate instructional material account for each school
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0023| district, state institution, private school or adult basic
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0024| education center in the state having students in attendance
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0025| entitled to the free use of instructional material pursuant to
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0001| the Instructional Material Law.
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0002| B. On or before July 1 of each year, the department
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0003| of education shall allocate credit to the instructional
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0004| material account of each school district, state institution or
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0005| private school not less than ninety percent of its estimated
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0006| entitlement as determined from the estimated forty-day
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0007| membership for the next school year. A school district's,
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0008| state institution's or private school's entitlement is that
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0009| portion of the total amount of the annual appropriation less a
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0010| deduction for a reasonable reserve for transportation charges
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0011| and emergency expenses that its forty-day membership bears to
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0012| the forty-day membership of the entire state. The allocation
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0013| for adult basic education shall be based on a
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0014| full-time-equivalency obtained by multiplying the total
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0015| previous year's enrollment by .25. For the purpose of this
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0016| allocation, additional pupils shall be counted as four pupils.
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0017| On or before January 15 of each year, the department of
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0018| education shall recompute each entitlement using the forty-day
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0019| membership for that year, except for adult basic education, and
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0020| shall allocate the balance of the annual appropriation
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0021| compensating for any over- or under-estimation of credit made
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0022| in the first allocation. In the event the funds remaining for
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0023| this allocation are insufficient to compensate for an over- or
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0024| under-estimation of credit made in the first allocation, the
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0025| final recomputed over- or under-allocation of credit shall be
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0001| carried forward by the department of education to be credited
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0002| or debited to the allocation for the ensuing school year.
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0003| C. An amount not to exceed [thirty] fifty
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0004| percent of total credit allocations attributed to each
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0005| individual instructional material account [shall], at the
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0006| request of the local school district or the appropriate
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0007| governing body and institution, shall be distributed directly
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0008| to each public school district, state institution or adult
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0009| basic education center for instructional materials not included
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0010| on the multiple list provided for in Section 22-15-8 NMSA 1978.
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0011| D. Any balance remaining in an instructional
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0012| material account of a school district, state institution,
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0013| private school or adult basic education center at the end of
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0014| the fiscal year shall remain available for expenditure in
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0015| subsequent years."
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0016|
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