Bill > SB271

This bill revises the membership composition of the Legislative Finance Committee (LFC), a joint interim legislative committee in New Mexico. Currently composed of 16 members (8 from the House of Representatives and 8 from the Senate), the bill makes several key changes: it adds the chair of the legislative health and human services committee as a member, and includes a minority member from that committee; reduces the number of appointed House members from six to five and Senate members from seven to six; updates language to use gender-neutral terminology (e.g., changing "chairman" to "chair"); and maintains existing provisions about party representation, appointment procedures, and terms of service. The bill specifies that members are appointed for two-year terms, serve until the end of the next legislative session, and their term ends if they cease to be legislators. The bill also includes an emergency clause, meaning it would take effect immediately upon signing to ensure prompt implementation of the new committee structure. These changes aim to slightly modify the committee's composition while preserving its core purpose of providing legislative financial oversight.

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=271&year=25