The NMSU Office of Government Relations represents New Mexico State University’s interests and priorities with the state legislature, federal government, and government agencies.
Tax Reform and its Impact to Higher Education
Congress continues to work on tax reform legislation. The House of Representatives passed their version of the bill and the Senate is currently considering its own bill. H.R.1, The Tax Cut and Jobs Act will have impact on the higher education community. See more information below and watch our Facebook page for more updates.
Higher Education Act Reauthorization
The House Committee on Education and Workforce on December 1 introduced the “Promoting Real Opportunity, Success and Prosperity through Education Reform” (PROSPER).
The Road to the 2018 NM Legislative Session
NMSU Legislative Priorities
NMSU undergoes a long process to determine its priority initiatives for the legislative session. Click on the images below to read about NMSU’s legislative initiatives for the 2018 Legislative Session.
Revenue Estimates, December 4, 2017
On December 4, the LFC received information on the December Revenue Estimate. The new revenue estimate indicated $199 million in new money of $199 million for FY19, an increase of $174 million from the August revenue estimate. Staff indicated that they are cautiously optimistic about the December revenue estimate.
The revenue estimate also indicated that we will finish FY18 with approximately 9% in general fund reserves. LFC staff indicated that Moody’s analytics recommends that New Mexico needs at least 10% or greater in reserves. Clink on the links below for details.
The 2018 legislative Session will begin on January 16 at noon
Other important dates:
January 31 Deadline for introduction
February 15 Session ends at noon
March 7 Legislation not acted upon by Governor is pocket-vetoed
May 16 Effective date of legislation not a general appropriation bill or a bill carrying an emergency clause or other specific date
Legislative Finance Committee Report on Higher Education Costs
On Tuesday, October 24, the Legislative Finance Committee released a report titled, “Program Evaluation: Higher Education Cost Drivers and Cost Savings”
Final 2017 Post-Legislative Session Update
Read our comprehensive report and find out about everything higher education-related that happened at the 2017 legislative session. Click below for the report.