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HB262 • 2026

SCHOOL TRANSPORT EMERGENCY FUND USES

SCHOOL TRANSPORT EMERGENCY FUND USES

Education
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Representative Brian G. Baca, Representative Rebecca Dow, Representative Joy Garratt, Representative Tanya Mirabal Moya, Senator Gabriel Ramos, Representative Luis M. Terrazas
Last action
Official status
[3] HEC/HAFC-HEC API.
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

SCHOOL TRANSPORT EMERGENCY FUND USES

SCHOOL TRANSPORT EMERGENCY FUND USES

What This Bill Does

  • SCHOOL TRANSPORT EMERGENCY FUND USES

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-30 New Mexico Legislature

    Sent to HEC - Referrals: HEC/HAFC

  2. New Mexico Legislature

    Action Postponed Indefinitely

Official Summary Text

SCHOOL TRANSPORT EMERGENCY FUND USES

Current Bill Text

Read the full stored bill text 
HB0262

HOUSE BILL 262

57th legislature - STATE OF NEW MEXICO - second session, 2026

INTRODUCED BY

Luis M. Terrazas
and
Joy Garratt
and
Brian G. Baca

and
Gabriel Ramos
and
Tanya Mirabal Moya

AN ACT

RELATING TO PUBLIC SCHOOLS; ADDING A PERMITTED USE FOR MONEY IN
THE TRANSPORTATION EMERGENCY FUND.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

SECTION 1.
Section 22-8-29.6 NMSA 1978 (being Laws 1995,
Chapter 208, Section 15, as amended) is amended to read:

"22-8-29.6. TRANSPORTATION EMERGENCY FUND.--

A. The "transportation emergency fund" is created
in the state treasury. Money in the fund shall not revert to
the general fund at the end of any fiscal year. Money in the
fund is appropriated to the department for the purpose of
funding transportation emergencies, including fuel price
increases
and grants to small rural school districts for the
purchase of buses for student activities
. The secretary shall
make distributions to ensure the safety of students receiving
to-and-from transportation services.

B. The secretary shall account for all
transportation emergency distributions and shall make full
reports to the governor, the legislative education study
committee and the legislative finance committee of payments
made."

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