TEACHING RESIDENT STIPENDS

HB 422 would increase stipends for teaching residents in New Mexico's teacher residency programs to at least $35,000 annually (80% of a level 1 teacher's minimum salary) and require health insurance coverage through the public school insurance authority. It also provides $2,000 annual stipends for mentor teachers, principals, and program coordinators, plus $4,000 per faculty member at participating colleges for co-teaching training. The bill mandates a three-year service commitment for teaching residents at their sponsoring school district and allocates funding for institutional costs. This proposed legislation aims to strengthen residency programs by improving financial support for participants and educators, though it was postponed indefinitely in June 2025.