The bill amends the Teacher Residency Act to establish a stipend for teaching residents based on their qualifications, specifically setting it at a percentage of the statutory minimum salary for level one teachers. For undergraduate teaching residents, the stipend will be no less than sixty-five percent, while those with a bachelor's degree will receive at least eighty percent. Additionally, the bill allows teaching residents to work at any public school after completing their residency, rather than being restricted to the sponsoring school district. It also emphasizes that partner school districts or charter schools are expected to offer employment to teaching residents based on their performance and the staffing needs of the institution.

Furthermore, the bill outlines various components of the teacher residency program, including competitive admission requirements, a rigorous teacher preparation program, and ongoing training for level two and level three teachers involved in mentoring residents. It mandates support for teaching residents for at least one year post-completion of the program, including mentoring and professional development opportunities. The amendments aim to enhance the quality of teacher preparation and retention in New Mexico's public schools by providing structured support and financial incentives for both residents and their mentors.

Statutes affected:
introduced version: 22-10B-4
Final Version: 22-10B-4