New Mexico OK's trust fund for early childhood initiatives | KOB 4

New Mexico OK's trust fund for early childhood initiatives

The Associated Press
Created: February 18, 2020 08:05 PM

SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham has signed legislation that she says will clear the way for a monumental investment in the health, education and well-being of the state's youngest children.

The creation of the early childhood trust fund was among the governor's top priorities for the 30-day legislative session.


She signed the bill Tuesday during a ceremony at the Capitol.

The governor's office says the fund will be launched with a general appropriation of $320 million that is included in the state budget bill that has yet to be approved.

It will be sustained by surplus oil and gas related revenues.

(Copyright 2020 by The Associated Press. All Rights Reserved.)

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