Bill looks to put money back into college fund - Michael Smith, Carlsbad Current-Argus

Legislation pre-filed by state Sen. Gay Kernan (R-42) would begin to replace money taken from a college fund during a state budget shortfall nearly two years ago. Kernan said the proposed legislation wouldn’t change anything to the current College Affordability Act, which is overseen by the New Mexico Higher Education Department. “It’s an endowment that’s funded through the general fund and basically several years ago the legislature swept money out of that endowment,” Kernan said. https://www.currentargus.com/story/news/2018/12/31/bill-puts-money-back-into-fund/2451477002/