Bill > HB70

This bill aims to clarify the roles and responsibilities of the Public Regulation Commission (PRC) and its supporting agency, establish a dedicated "utility oversight fund" for fees and penalties collected from utilities, and implement new regulations regarding the handling of fees, interest, and penalties. Key provisions include requiring utilities to pay fees on time to avoid interest and penalties, with the PRC empowered to sue for collection. The bill also creates the non-reverting "utility oversight fund" to be administered by the commission, funded by collected fees, appropriations, gifts, grants, and donations, with legislative appropriation for the commission's duties. Furthermore, it clarifies definitions within the Public Regulation Commission Act, distinguishes between the "commission" (the decision-making body) and the "agency" (the supporting organization), and outlines new requirements for commissioners, including ethics training and continuing education. The bill also addresses prohibited acts for nominees, commissioners, and employees, particularly concerning interactions with regulated entities, and establishes rules for ex parte communications during commission proceedings. Finally, it defines the duties of a Chief of Staff to manage the agency's day-to-day operations and staff, and sets forth specific license fees for pipeline operators, all of which will be credited to the utility oversight fund.

Government Affairs

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=70&year=26