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HB 8 creates a $300 million Higher Education Major Projects Fund in New Mexico's state treasury, funded by a transfer from the general fund. The bill allows state universities and community colleges to use these funds for major construction projects, including research facilities costing $50 million or more, student housing, and student life facilities like recreation centers. It requires institutions to cover 25-50% of project costs through non-state sources (like donations or bonds), with waivers possible if institutions cannot afford matches. Initial priorities include $150 million for a new UNM medical school, $50 million for a NMSU building, and $100 million for student housing statewide.
HB 34 updates New Mexico's school nurse licensure rules to clarify that charter schools must follow the same requirements as public school districts. It establishes three license levels: Level One (a 3-year provisional license requiring mentorship and annual evaluations for new nurses without 3+ years of experience), Level Two (a 9-year license for nurses who complete Level One or have 3+ years of experience), and Level Three (a 9-year license requiring advanced education and leadership skills). The bill sets minimum salaries for each level equal to corresponding teacher salary grades and mandates annual competency reviews by school districts or charter schools. These changes apply to all school nurses employed in New Mexico public and charter schools starting July 1, 2026.