CHARTER SCHOOL EXPENDITURE PLAN
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HB 375 — CHARTER SCHOOL EXPENDITURE PLAN
Last action — Pocket Veto
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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5To Executive
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6Enacted
This bill died with 2023 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Vetoed by Governor Michelle Lujan Grisham (Democratic) on April 10, 2023.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Bill Text
What changed in the latest version
78 added · 103 removedPlain-language change summary
The updated version of Bill HB 375 includes a requirement for the chartering authority to create a clear plan for how it will oversee and spend funds that are retained from a charter school’s state funding. This change aims to enhance transparency and accountability in the management of charter school finances, ensuring that taxpayer money is used effectively and for the intended purposes. By mandating regular reports, the bill seeks to provide more oversight and potentially improve the educational outcomes for students attending these schools.
HOUSEAN BILLACT 375RELATING 56THTO LEGISLATURECHARTER -STATEOFNEWMEXICO-SCHOOLS; FIRST SESSION, 2023 INTRODUCED BY Joy Garratt and Joshua N.
Hernandez 6 8 10 AN ACT RELATING TO CHARTER SCHOOLS;
167 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
e t 17 SECTION 1.
Section 22-8B-13 NMSA 1978 (being Laws 1999, w l n d 18 Chapter 281, Section 13, as amended) is amended to read:
= = 19 a l "22-8B-13.
CHARTER SCHOOL FINANCING.-- i a e r 20 A.
The amount of funding allocated to a charter a t m m 21 school shall be not less than ninety-eight percent of the d r e 22 school-generated program cost.
The school district or division c e s k 23 may withhold and use up to two percent of the school-generated e a n b 24 program cost for its administrative support of a charter school u [ and its monitoring and oversight obligations specified in .224830.1 Section 22-8B-12 NMSA 1978.
When a state-chartered charter school is HB 375 Page 1 designated as a board of finance pursuant to Section 22-8-38 NMSA 1978, it shall receive state and federal funds for which it is eligible.
All services centrally or otherwise provided by a local school district, including custodial, maintenance and e t 17 media services, libraries and warehousing, shall be subject to w l n d 18 negotiation between the charter school and the school district.
= = 19 a l Any services for which a charter school contracts with a school i a e r 20 district shall be provided by the district at a reasonable a t m m 21 cost.
d r e 22 F.
By July 15, 2024 and each year thereafter, every c e s k 23 local chartering authority and the division acting for the e a n b 24 commission for state-chartered charter schools shall provide to u [ every charter school that it charters an oversight and .224830.1 - 2 - expenditure plan for the money withheld from each charter school's school-generated program cost that includes:
(2) the detail of how the chartering authority plans to spend that percentage to monitor the fiscal practices, overall governance, student performance, progress toward performance framework goals and legal compliance with state law and the charter contract and HB 375 Page 2 perform any other obligations of the chartering authority to the charter school pursuant to the charter contract;
By August 1, 2024 and each year thereafter, every local chartering authority and the division acting for the commission for state-chartered charter schools shall e t 17 provide to every charter school that it charters a detailed w l n d 18 review of how the withheld percentage and amount was spent in = = 19 a l the prior year, including proposed and actual expenditures, and i a e r 20 how activities of the chartering authority pursuant to its plan a t m m 21 resulted in measurable value to the charter school and d r e 22 improvements in the financial management, governance or c e s k 23 performance of the charter school." eHB a375 nPage b 24 - 3 -25 u [ .224830.1
View plain text versions (2)
- Final Version View text Current pdf
- Introduced introduced version pdf
Action History
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Pocket Veto
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passed Senate
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DO PASS committee report adopted
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Sent to Senate Education Committee
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passed House
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DO PASS committee report adopted
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DO PASS committee report adopted
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Sent to House Education Committee & House Appropriations & Finance Committee
Sponsors
- Joy Garratt · Primary
- Joshua N. Hernandez · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 0 co-sponsors · 110 not signed on
Sponsors (2)
- Joy Garratt Democrat
- Joshua N. Hernandez Republican
Co-sponsors (0)
None.
Not signed on (110)
110 members have not signed on to this bill.
Show all 110 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors HB 375?
- HB 375 is sponsored by Joy Garratt (Democrat) and Joshua N. Hernandez (Republican).
- What is the current status of HB 375?
- This bill died with 2023 Regular Session. It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB 375?
- Track HB 375 free on One Click Politics — get push/email alerts when it moves.
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