HOUSE BILL 296
56th legislature - STATE OF NEW MEXICO - first session, 2023
RELATING TO PUBLIC SCHOOL FINANCE; INCLUDING INSTRUCTIONAL SUPPORT PROVIDERS IN THE TEACHER COST INDEX.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 22-8-49 NMSA 1978 (being Laws 2018, Chapter 55, Section 5) is amended to read:
"22-8-49. TEACHER COST INDEX--LICENSURE-EXPERIENCE FACTOR--REPORT.--
A. The teacher cost index for each school district or charter school shall be calculated in accordance with instructions issued by the department. The teacher cost index for a school district in its first year of operations is 1.0. The teacher cost index for a school district or charter school in its second or subsequent year of operations is the greater of 1.0 or the average of the licensure-experience factors of all full-time-equivalent teachers on the school district's or charter school's payroll in October of that year who are assigned classroom teaching or instructional support provider responsibilities. The licensure-experience factor of a teacher corresponds to the teacher's licensure level and years of experience and is as follows:
Level Years of Experience
0 to 2 3 to 5 6 to 8 9 to 15 Over 15
1 0.755 0.785 0.800
2 0.994 1.023 1.050 1.123
3 1.184 1.208 1.277.
B. Beginning in 2021, the department, legislative education study committee staff and legislative finance committee staff shall jointly prepare and submit a report by November 1 of each year to the governor, the legislative education study committee and the legislative finance committee that includes:
(1) data on the relationship of licensure-experience factors to actual teacher costs;
(2) an analysis of the relationships among a teacher's licensure level, educational attainment, years of experience and salary; and
(3) recommended changes, if any, to this section of the Public School Finance Act.
C. As used in this section:
(1) "licensure level" is the teaching licensure level as defined in the School Personnel Act or an instructional support provider licensure level provided by rule;
(2) "teacher" includes instructional support providers for whom the department has created a tiered licensing system; and
[(2)] (3) "years of experience" is as defined by department rule."
- 3 -