---
type: "Bill"
title: "EDUCATION SAVINGS PLAN USES"
description: "EDUCATION SAVINGS PLAN USES"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2023"
identifier: "HB 342"
citation: "New Mexico HB 342 (2023)"
classification: ["bill"]
subjects: ["EDUCATION", "PUBLIC SCHOOLS", "FINANCIAL INSTITUTIONS"]
status: "enacted"
primary_sponsors: ["Lane, T. Ryan", "Wirth, Peter"]
version_count: 3
action_count: 9
vote_count: 0
first_action: "2023-02-07"
last_action: "2023-03-18"
source: "openstates"
source_identifier: "ocd-bill/835d900f-4623-4eb0-9f1d-48474b199eac"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=342&year=23"
source_hash: "b932973618ef59cf671f0c26144e7d8c40557acb0fdaf28f81e11eddeca48a58"
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 HB 342 (2023) — EDUCATION SAVINGS PLAN USES

## Version chain

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

1. **Amendments in Context** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/Amendments_In_Context/HB0342.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/final/HB0342.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/23%20Regular/bills/house/HB0342.HTML)

## Sponsors

- Lane, T. Ryan — primary (person)
- Wirth, Peter — primary (person)

## Timeline

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

- **2023-02-07** Sent to House Education Committee & House Government, Elections and Indian Affairs Committee `introduction, referral-committee`
- **2023-02-27** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-02** floor substitute adopted (1 amendment)
- **2023-03-02** passed House `passage`
- **2023-03-03** Sent to Senate Education Committee `introduction, referral-committee`
- **2023-02-17** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-08** DO PASS committee report adopted `committee-passage-favorable`
- **2023-03-18** Law Without Signature `executive-signature`
- **2023-03-09** passed Senate `passage`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/835d900f-4623-4eb0-9f1d-48474b199eac`. Confidence: reported (aggregated from official New Mexico legislature records).