House panel sidelines lottery scholarship bill

SANTA FE, N.M. (AP) – A House committee has sidelined a measure aimed at shoring up New Mexico’s struggling lottery scholarship program.

With just days remaining until adjournment, the House Ways and Means Committee on Tuesday pulled the brakes on a proposal that would have revamped the funding formula for the scholarship program.

The measure would have removed a requirement that the lottery authority funnel at least 30 percent of its monthly revenue to the scholarship program. Instead, it would have been required to provide at least $41 million a year for scholarships.

Critics were concerned that would limit the incentive to raise more money for scholarships, but higher education officials say without a fix there’s no doubt the program will be affected.

Current estimates show there could be a 30 percent drop in tuition assistance at the end of the 2017 fiscal year. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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