Bill > HB17

This bill establishes a temporary Commission on Reduction of Grocery Costs in New Mexico, which will operate from its appointment until March 31, 2026. The nine-member commission, appointed by the governor and legislative council, will be composed of diverse individuals with expertise in areas like economics, agriculture, and consumer protection. The commission's primary responsibilities include reviewing and developing policies to lower grocery costs for consumers, recommending strategies to support local food businesses, evaluating supply chain infrastructure, examining laws related to price manipulation, and focusing on the costs of essential household foods. The commission will specifically investigate ways to reduce prices for items like eggs, milk, fresh produce, bread, and tortillas, and will consider how to protect consumers from potential federal trade agreement impacts. By November 15, 2025, the commission must submit a comprehensive report with findings and specific recommendations to the governor, legislative council, and relevant legislative committee. The bill includes a $400,000 appropriation from the general fund to support the commission's work and contains an emergency clause for immediate implementation, underscoring the urgent nature of addressing rising grocery costs.

Business and Industry

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=17&year=25