Senate Joint Memorial 3 is a legislative proposal that honors the efforts of New Mexico's institutions of higher education in promoting bilingual education. The memorial requests the higher education department to collaborate with the University of New Mexico, Western New Mexico University, New Mexico Highlands University, and New Mexico State University to develop a joint bachelor's degree in elementary bilingual multicultural education. It also emphasizes the need for scholarships for individuals with degrees in bilingual education and those who have earned a state seal of bilingualism-biliteracy, to support their pursuit of doctoral degrees in the field.

Additionally, the memorial calls for increased funding to support bilingual education faculty positions and the granting of college credit for students graduating with the state seal of bilingualism-biliteracy in languages other than English. It urges the public education department to uphold the linguistic rights of bilingual multicultural students in accordance with various legal frameworks and court rulings. The memorial concludes by directing copies of the resolution to relevant educational leaders and officials to ensure awareness and action on these requests.