NM SB253

Agencies prohibited from adopting rules that cause negative fiscal impact on the general fund, other state funds, or state revenue without a prior legislative appropriation for that purpose

Agencies prohibited from adopting rules with fiscal impacts greater than a prior legislative appropriation for the rule's purpose

Notice of proposed rulemaking must now cite a prior legislative appropriation as part of the specific legal authority for the proposed rule

Notice of proposed rulemaking must include a fiscal analysis of the proposed rule's impact on the general fund, other state funds, and state revenue

Amends Section 14-4-5 and Section 14-4-5.2 NMSA 1978, adding new fiscal accountability requirements to the state's administrative rulemaking process