NM HB102

Establishes annual compensation for New Mexico legislators equal to the state's median household income, initially set using 2027 data from the American Community Survey published around September 2028

Adjusts compensation upward or downward every four years based on the most recent reported median household income for New Mexico

Allows legislators to refuse compensation or compensation increases by filing written notice with the chief clerk, with the option to withdraw the refusal after a legislative session

Specifies that legislators receiving compensation shall not be considered state employees for any purpose

Contingent effective date of January 16, 2029, requiring prior certification that a constitutional amendment (Article 4, Section 10) allowing legislative compensation has been approved