underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 HOUSE BILL 223 57 TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION , 2025 INTRODUCED BY Yanira Gurrola and Angelita Mejia and Rebecca Dow and Tanya Mirabal Moya AN ACT RELATING TO PUBLIC SCHOOL FINANCE; INCREASING THE COST DIFFERENTIAL FACTOR USED TO CALCULATE BILINGUAL MULTICULTURAL EDUCATION PROGRAM UNITS; INCREASING THE COST DIFFERENTIAL FACTOR BY 0.1 EACH YEAR FOR FIVE YEARS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 22-8-22 NMSA 1978 (being Laws 1974, Chapter 8, Section 13, as amended) is amended to read: "22-8-22. BILINGUAL MULTICULTURAL EDUCATION PROGRAM UNITS.--The number of bilingual multicultural education program units is determined by multiplying the full-time-equivalent MEM in programs implemented in accordance with the provisions of the Bilingual Multicultural Education Act by the cost differential factor. [0.35, effective July 1, 1990; 0.4, effective July 1, 1991; .425, effective July 1, 1992; 0.45, .229420.1 underscored material = new [bracketed material] = delete 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 effective July 1, 1993; and 0.5, effective July 1, 1994 ] The cost differential factor shall be: A. 0.6, effective July 1, 2025; B. 0.7, effective July 1, 2026; C. 0.8, effective July 1, 2027; D. 0.9, effective July 1, 2028; and E. 1.0, effective July 1, 2029 and subsequent years." - 2 - .229420.1