Bill > SB423

This bill enhances legislative oversight of state agency rulemaking by introducing several key provisions. It requires the Legislative Finance Committee to conduct detailed impact analyses for "major rules" - defined as rules with potential annual effects of $10 million or more, significant economic or social impacts. The bill mandates that major rules cannot take effect before legislative authorization, with a 60-day review period. Additionally, the bill introduces a mandatory five-year expiration for all rules, after which legislative renewal is required. The governor must now approve all agency rules before they can be published, and agencies must provide comprehensive notices about proposed rules, including cost-benefit analyses and potential economic effects. The legislation also allows judicial review of rules, specifically empowering courts to determine whether rules meet necessary requirements for implementation. The bill aims to increase transparency, accountability, and legislative control over administrative rulemaking by creating more rigorous evaluation processes and providing mechanisms for ongoing scrutiny of state agency regulations.

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=423&year=25