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Bill > HB158


NM HB158

NM HB158
Plans On Use Of Certain Funds


summary

Introduced
01/26/2026
In Committee
02/17/2026
Crossed Over
02/10/2026
Passed
Dead

Introduced Session

Potential new amendment
2026 Regular Session

Bill Summary

AN ACT RELATING TO PUBLIC FUNDS; REQUIRING STATE AGENCIES TO SUBMIT AN ACCOUNTABILITY AND EVALUATION PLAN FOR PROGRAMS AND PROJECTS THAT RECEIVE FUNDING FROM THE GOVERNMENT RESULTS AND OPPORTUNITY EXPENDABLE TRUST TO THE DIRECTOR OF THE STATE BUDGET DIVISION OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION AND THE DIRECTOR OF THE LEGISLATIVE FINANCE COMMITTEE.

AI Summary

This bill requires state agencies to develop and submit detailed accountability and evaluation plans for any programs or projects funded by the Government Results and Opportunity Expendable Trust, a specific fund for government initiatives. These plans, which must be developed according to instructions from the division director and the director of the legislative finance committee, need to outline the program's goals, activities, evidence base, performance measures, evaluation methods, and how results will be shared. Agencies will be notified by May 1st each year and must submit their plans by July 1st, with potential revisions due by September 1st. By July 15th of the final year of funding, the division director and the director of the legislative finance committee will review the program's evaluation and make recommendations for its inclusion in future agency budgets.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (5)

Last Action

SFC: Reported by committee with Do Pass recommendation (on 02/17/2026)

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