# New Mexico SB 387: COMMUNITY SCHOOL FUND & FRAMEWORK

New Mexico SB 387, COMMUNITY SCHOOL FUND & FRAMEWORK, is a 2025 Regular Session Senate bill sponsored by Natalie Figueroa (Democratic); status signed, last action 2025-04-07 (Signed by Governor - Chapter 81 - Apr. 7) (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/NM-SB387-2025
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Mexico SB 387
- State: New Mexico
- Session: 2025 Regular Session
- Title: COMMUNITY SCHOOL FUND & FRAMEWORK
- Status: signed
- Chamber: Senate
- Introduced: 2025-02-14
- Last action: 2025-04-07, Signed by Governor - Chapter 81 - Apr. 7
- Sponsor: Natalie Figueroa (Democratic)
- Cosponsors: 0
- Touches household money: no
- Roll calls: 2 (89 yes, 3 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Natalie Figueroa (Democratic), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-03-21 | House | Final House Vote | pass | 55 | 3 |   |
| 2025-03-04 | Senate | Final Senate Vote | pass | 34 | 0 |   |

## Actions (9)

- 2025-04-07: Signed by Governor - Chapter 81 - Apr. 7 (Senate)
- 2025-03-21: Passed in the House of Representatives - Y:55 N:3 (House)
- 2025-03-21: HAFC: Reported by committee with Do Pass recommendation (House)
- 2025-03-17: HEC: Reported by committee with Do Pass recommendation (House)
- 2025-03-05: Sent to HEC - Referrals: HEC/HAFC (Senate)
- 2025-03-04: Passed in the Senate - Y:34 N:0 (Senate)
- 2025-02-28: SFC: Reported by committee with Do Pass recommendation (Senate)
- 2025-02-21: SEC: Reported by committee with Do Not Pass but with a Do Pass recommendation on Committee Substitution (Senate)
- 2025-02-14: Sent to SEC - Referrals: SEC/SFC (Senate)

## Bill text

- Final Version, 2025-04-08: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/final/SB0387.pdf)
- HAFC Committee Report 3/21/25, 2025-03-21: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387AF1.pdf)
- HEC Committee Report 3/17/25, 2025-03-17: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387EC1.pdf)
- SFC Committee Report 2/28/25, 2025-02-28: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387FC1.pdf)
- SEC Committee Report 2/21/25, 2025-02-21: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387ED1.pdf)
- SEC Committee Substitute 2/21/25, 2025-02-21: [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387EDS.pdf)
- Introduced, 2025-02-14: [HTML](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387.html), [PDF](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387.pdf)

## Related bills

- HB 2: GENERAL APPROPRIATION ACT OF 2025 (signed)
- SB 45: COUNTY HEALTH CARE ASSISTANCE FUND USE (signed)
- SB 343: TEACHER SALARY RATES CHANGES (signed)
- SB 345: TEACHER & INSTRUCTIONAL SUPPORT LICENSURE (signed)
- SB 133: EDUCATIONAL RETIREES RETURNING TO WORK (signed)
- HB 157: NEW SCHOOL LICENSES (signed)

## Sources
- [Final Version (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/final/SB0387.pdf)
- [HAFC Committee Report 3/21/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387AF1.pdf)
- [HEC Committee Report 3/17/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387EC1.pdf)
- [SFC Committee Report 2/28/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387FC1.pdf)
- [SEC Committee Report 2/21/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387ED1.pdf)
- [SEC Committee Substitute 2/21/25 (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387EDS.pdf)
- [Introduced (HTML)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387.html)
- [Introduced (PDF)](https://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387.pdf)

## Related
- [HB 2: GENERAL APPROPRIATION ACT OF 2025](https://policyrisk.com/state-bill/NM-HB2-2025)
- [SB 45: COUNTY HEALTH CARE ASSISTANCE FUND USE](https://policyrisk.com/state-bill/NM-SB45-2025)
- [SB 343: TEACHER SALARY RATES CHANGES](https://policyrisk.com/state-bill/NM-SB343-2025)
- [SB 345: TEACHER & INSTRUCTIONAL SUPPORT LICENSURE](https://policyrisk.com/state-bill/NM-SB345-2025)
- [SB 133: EDUCATIONAL RETIREES RETURNING TO WORK](https://policyrisk.com/state-bill/NM-SB133-2025)
- [HB 157: NEW SCHOOL LICENSES](https://policyrisk.com/state-bill/NM-HB157-2025)
- [New Mexico bills](https://policyrisk.com/states/new-mexico/bills)
- [New Mexico state hub](https://policyrisk.com/states/new-mexico)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/NM-SB387-2025 (as of 2026-10-16).