2-5-3. Legislative finance committee; duties.
152 words·~1 min read·
/nm/chapter-2-legislative-branch/article-5-legislative-fiscal-control/2-5-3·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The committee shall:
A. direct the director of the legislative finance committee in his work;
B. examine the laws governing the finances and operation of departments, agencies and institutions of New Mexico and all of its political subdivisions, the effect of laws on the proper functioning of these governmental units, the policies and costs of governmental units as related to the laws;
C. recommend changes in these laws if any are deemed desirable, and draft and present to the legislature any legislation necessary;
D. make a full report of its findings and recommendations for the consideration of each successive legislature following its original establishment, the report and suggested legislation to be available to each member of the legislature on or before the first day of the regular session thereof.
History: 1953 Comp., § 2-5-3, enacted by Laws 1957, ch. 3, § 3; 1963, ch. 241, § 1; 1965, ch. 160, § 2.