N.M. Stat. § 22-8F-2

Current through 2024, ch. 69

Section 22-8F-2 - Definitions

As used in the Family Income Index Act:

A. "above average income" means a household income of two hundred twenty-five percent or a higher percentage of the federal poverty level;

B. "extremely low income" means a household income of up to seventy-five percent of the federal poverty level;

C. "low income" means a household income of at least one hundred thirty percent but less than one hundred eighty-five percent of the federal poverty level;

D. "moderate income" means a household income of at least one hundred eighty-five percent but less than two hundred twenty-five percent of the federal poverty level;

E. "school district" includes a state-chartered charter school; and

F. "very low income" means a household income greater than seventy-five percent but less than one hundred thirty percent of the federal poverty level.

NMS § 22-8F-2

Added by 2021, c. 18,s. 2, eff. 7/1/2021.