---
type: "Bill"
title: "COMMUNITY SCHOOL FUND & FRAMEWORK"
description: "COMMUNITY SCHOOL FUND & FRAMEWORK"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2025"
identifier: "SB 387"
citation: "New Mexico SB 387 (2025)"
classification: ["bill"]
subjects: ["EDUCATION", "PUBLIC SCHOOLS"]
status: "enacted"
primary_sponsors: ["Figueroa, Natalie"]
version_count: 3
action_count: 9
vote_count: 2
first_action: "2025-02-14"
last_action: "2025-04-08"
source: "openstates"
source_identifier: "ocd-bill/c7af78f7-111f-4ddd-9f94-8f6726b21f72"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=S&legType=B&legNo=387&year=25"
source_hash: "0f0b087eb147868659a61aa4aeebb2ae24f20074f0c3e1813a4c55cd6a5e704c"
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 SB 387 (2025) — COMMUNITY SCHOOL FUND & FRAMEWORK

## Version chain

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

1. **ED substitute** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387EDS.HTML)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/final/SB0387.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/25%20Regular/bills/senate/SB0387.HTML)

## Votes

- house passage — **55–3** (pass) · lower
- senate passage — **34–0** (pass) · upper

## Sponsors

- Figueroa, Natalie — primary (person)

## Timeline

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

- **2025-02-21** DO NOT PASS, replaced with committee substitute `committee-passage`
- **2025-03-04** passed Senate `passage`
- **2025-03-05** Sent to House Education Committee & House Appropriations & Finance Committee `introduction, referral-committee`
- **2025-03-17** DO PASS committee report adopted `committee-passage-favorable`
- **2025-04-08** Signed `executive-signature`
- **2025-03-21** passed House `passage`
- **2025-03-21** DO PASS committee report adopted `committee-passage-favorable`
- **2025-02-14** Sent to Senate Education Committee & Senate Finance Committee `introduction, referral-committee`
- **2025-02-28** DO PASS committee report adopted `committee-passage-favorable`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/c7af78f7-111f-4ddd-9f94-8f6726b21f72`. Confidence: reported (aggregated from official New Mexico legislature records).