---
type: "Bill"
title: "STUDY EFFECTS OF FUNDING FORMULA CHANGES"
description: "STUDY EFFECTS OF FUNDING FORMULA CHANGES"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2021"
identifier: "HJM 5"
citation: "New Mexico HJM 5 (2021)"
classification: ["joint memorial"]
subjects: ["EDUCATION", "PUBLIC SCHOOLS", "FINANCE", "PUBLIC"]
status: "enacted"
primary_sponsors: ["Dow, Rebecca", "Lundstrom, Patricia A.", "Romero, G. Andrés", "Stapleton, Sheryl Williams"]
version_count: 2
action_count: 7
vote_count: 0
first_action: "2021-03-03"
last_action: "2021-04-15"
source: "openstates"
source_identifier: "ocd-bill/1ae2be14-f817-465e-a294-989f08ecc5c1"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=JM&legNo=5&year=21"
source_hash: "7473409e7eb4eb6da351d2a55f2af1d64fb5882879d33cb3747195eb08209d6e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico HJM 5 (2021) — STUDY EFFECTS OF FUNDING FORMULA CHANGES

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/21%20Regular/final/HJM005.PDF)
2. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/21%20Regular/memorials/house/HJM005.HTML)

## Sponsors

- Dow, Rebecca — primary (person)
- Lundstrom, Patricia A. — primary (person)
- Romero, G. Andrés — primary (person)
- Stapleton, Sheryl Williams — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-03-03** Sent to House Education Committee `introduction, referral-committee`
- **2021-03-08** DO PASS committee report adopted `committee-passage-favorable`
- **2021-03-17** DO PASS committee report adopted `committee-passage-favorable`
- **2021-03-19** passed Senate `passage`
- **2021-03-11** Sent to Senate Rules Committee `introduction, referral-committee`
- **2021-03-10** passed House `passage`
- **2021-04-15** Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/1ae2be14-f817-465e-a294-989f08ecc5c1`. Confidence: reported (aggregated from official New Mexico legislature records).