Bill > HM55

This Memorial requests the Legislative Finance Committee (LFC), a legislative body responsible for reviewing state finances and policy, to create a set of guidelines, similar to its existing tax policy principles, for evaluating proposed new or changed state regulations. These guidelines are intended to ensure that such regulatory proposals do not unduly hinder economic growth in New Mexico, addressing concerns raised during a job creation listening tour where burdensome and inefficient regulations were identified as a significant barrier to business development and competitiveness.