Fiscal impact reports (FIRs) are prepared by the Legislative Finance Committee (LFC) for standing finance
committees of the Legislature. LFC does not assume responsibility for the accuracy of these reports if they
are used for other purposes.
F I S C A L I M P A C T R E P O R T
SPONSOR Pettigrew
LAST UPDATED
ORIGINAL DATE 2/13/2025
SHORT TITLE Rulemaking Info to State Legislators
BILL
NUMBER House Bill 360
ANALYST Leger
ESTIMATED ADDITIONAL OPERATING BUDGET IMPACT*
(dollars in thousands)
Agency/Program
FY25 FY26 FY27
3 Year
Total Cost
Recurring or
Nonrecurring
Fund
Affected
No fiscal
impact
No fiscal
impact
No fiscal
impact
No fiscal
impact
Recurring General Fund
Total
No fiscal
impact
No fiscal
impact
No fiscal
impact
No fiscal
impact
Recurring General Fund
Parentheses ( ) indicate expenditure decreases.
*Amounts reflect most recent analysis of this legislation.
Sources of Information
LFC Files
SUMMARY
Synopsis of House Bill 360
House Bill 360 (HB360) adds a new section to the State Rules Act that every agency shall
provide to the legislative council service an email address for the custodian of rulemaking
records, and the legislative council service shall maintain that list for distribution to legislators.
This bill does not contain an effective date and, as a result, would go into effect 90 days after the
Legislature adjourns if enacted, or June 20, 2025.
FISCAL IMPLICATIONS
HB360 will not impose additional costs on executive agencies or legislative council and can be
absorbed within each agency’s operating budget.
SIGNIFICANT ISSUES
According to the State Rules Act, a proposed rule is to be provided to the New Mexico
legislative council for distribution to the appropriate interim and standing legislative committees.
JL/rl/SR