New Mexico legislation · 2026 Regular Session
New Mexico HB240: EDUCATION OPPORTUNITY ACCOUNT ACT
Status: Failed, January 29, 2026
What the bill says
An act relating to education; enacting the education opportunity account act; providing powers and duties; providing for education opportunity accounts; providing allowable uses; providing procedures and application requirements for parents and education service providers; creating a review commission; making appropriations.
From the introduced text, January 29, 2026:
AN ACT RELATING TO EDUCATION; ENACTING THE EDUCATION OPPORTUNITY ACCOUNT ACT; PROVIDING POWERS AND DUTIES; PROVIDING FOR EDUCATION OPPORTUNITY ACCOUNTS; PROVIDING ALLOWABLE USES; PROVIDING PROCEDURES AND APPLICATION REQUIREMENTS FOR PARENTS AND EDUCATION SERVICE PROVIDERS; CREATING A REVIEW COMMISSION; MAKING APPROPRIATIONS. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. A new section of the Public School Code is enacted to read: "[NEW MATERIAL] SHORT TITLE.--This act may be cited as the "Education Opportunity Account Act"." SECTION 2. A new section of the Public School Code is enacted to read: "[NEW MATERIAL] DEFINITIONS.--As used in the Education .233223.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ Opportunity Account Act: A. "curriculum" means a complete course of study for a particular elementary or secondary content area or grade level; B. "education" means elementary or secondary education; C. "education opportunity account" means the account into which money is deposited by the department to pay for qualifying education expenses of a participant in the program; D. "education service provider" means a private school located in New Mexico that is qualified to provide educational goods and services to participants and that receives payments from education opportunity accounts; provided that "education service provider" does not mean an online school; E. "eligible child" means a school-age person who is a resident of …
Sponsors
- Rod Montoya (R, HD-001) · primary sponsor
- Gail Armstrong (R, HD-049)
- Elaine Sena Cortez (R, HD-062)
- John Block (R, HD-051)
- Jenifer Jones (R, HD-032)
- Angelita Mejia (R, HD-058)
Latest actions
- : Not Printed
- : Action Postponed Indefinitely
Subjects: EDUCATION, POST SECONDARY
Common questions
- What is HB240?
- HB240 is a bill in the New Mexico Legislature (2026 Regular Session): EDUCATION OPPORTUNITY ACCOUNT ACT.
- What does HB240 do?
- In its own words: An act relating to education; enacting the education opportunity account act; providing powers and duties; providing for education opportunity accounts; providing allowable uses; providing procedures and application requirements for parents and education service providers; creating a review commission; making appropriations.
- What is the status of HB240?
- Failed as of January 29, 2026. Latest action: Not Printed (January 29, 2026).
- Who sponsored HB240?
- Rod Montoya (R, HD-001), with 5 co-sponsors.
- Where is the official record for HB240?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=240&year=26
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.