Summary:

 
House Bill 347 (HB 347):   This bill appropriates $10 million from the state’s general fund to the Higher Education Department (“HED”) for fiscal years 2026 and 2027. 
 

Legislation Overview:

 House Bill 347 (HB 347):   The purpose is to increase and support student enrollment in behavioral health programs (e.g., substance addiction counseling) at state universities and tribal colleges through - 
a)	Scholarships/Student Financial Aid
b)	Paid Practicums
c)	Additional key provisions include: The funds must be used to supplement (not replace) existing funding and expenditures.
d)	The allocation of funds to institutions depends on the number of enrolled New Mexico residents in relevant programs as of FY 2024.
Any unexpended or unencumbered balance at the end of FY 2027 reverts to the general fund.
 

Current Law:

 Current New Mexico Statutes Annotated 1978 - Chapter 9 NMSA 1978
9-8-7.1. Behavioral health services division; powers and duties of the authority. Subject to appropriation, the authority shall:   [...]  B. the field services division; C. the health care coordination division; and   [...]  (4) identify and approve workforce training programs in the following priority industries or fields: (a) health care, including behavioral health; (b) early childhood education or care;