House Memorial 47, introduced by Tanya Mirabal Moya and Brian G. Baca, requests the Legislative Education Study Committee to conduct a comprehensive study on public school employee compensation in New Mexico. The bill highlights the alarming statistics regarding student proficiency in reading and mathematics, the challenges faced by at-risk students, and the critical need for effective teachers and administrators to address these issues. It also points out the high turnover rates among teachers and school administrators, the difficulties in staffing necessary positions, and the impact of increasing health insurance premiums on employee salaries.

The memorial emphasizes the importance of fair and competitive compensation as a key factor in improving recruitment and retention of school employees. It calls for collaboration among various stakeholders, including the Public Education Department, educator preparation programs, and teachers' unions, to ensure a thorough examination of how salary competitiveness, compaction, and sustainability affect the workforce. The Legislative Education Study Committee is tasked with reporting its findings and recommendations to the governor and the legislature by December 31, 2025.