SB 140 - Expands the State's Opportunity Scholarship - New Mexico Key Vote
Stuart Ingle voted Nay (Passage) on this Legislation.
Timeline
- Executive Signed
- March 4, 2022
- House Bill Passed
- Feb. 16, 2022
- Senate Bill Passed
- Feb. 13, 2022
- Introduced
- Jan. 20, 2022
Related Issues
Stage Details
Title: Expands the State's Opportunity Scholarship
Signed by Governor Michelle Lujan Grisham
Title: Expands the State's Opportunity Scholarship
Vote Smart's Synopsis:
Vote to pass a bill that expands the state's opportunity scholarship program.
Highlights:
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Establishes “Opportunity Scholarship Act” (Sec. 1).
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Specifies which students eligible for scholarship (ex. cumulative GPA of 2.5) (Sec. 3A).
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Authorizes Higher Education Department to administer Act (Sec. 4A).
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Limits scholarship duration to one semester, can be renewed (Sec. 5A).
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Establishes Opportunity Scholarship Fund within State Treasury (Sec. 7).
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Transfers balances of Legislative Endowment Scholarship Fund, College Affordability Endowment Fund to Opportunity Scholarship Fund (Sec. 9A).
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Specifies Act effective date of July 1, 2022 (Sec. 11).
Title: Expands the State's Opportunity Scholarship
Vote Smart's Synopsis:
Vote to pass a bill that expands the state's opportunity scholarship program.
Highlights:
-
Establishes “Opportunity Scholarship Act” (Sec. 1).
-
Specifies which students eligible for scholarship (ex. cumulative GPA of 2.5) (Sec. 3A).
-
Authorizes Higher Education Department to administer Act (Sec. 4A).
-
Limits scholarship duration to one semester, can be renewed (Sec. 5A).
-
Establishes Opportunity Scholarship Fund within State Treasury (Sec. 7).
-
Transfers balances of Legislative Endowment Scholarship Fund, College Affordability Endowment Fund to Opportunity Scholarship Fund (Sec. 9A).
-
Specifies Act effective date of July 1, 2022 (Sec. 11).
Title: Expands the State's Opportunity Scholarship