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HOUSE BILL 386
57
TH LEGISLATURE
-
STATE
OF
NEW
MEXICO
-
FIRST SESSION
,
2025
INTRODUCED BY
Joseph Franklin Hernandez
AN ACT
MAKING AN APPROPRIATION TO THE OFFICE OF THE STATE AUDITOR FOR
A CLASS AND COMPENSATION STUDY OF THE GOVERNMENTAL ACCOUNTING
SECTOR.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. APPROPRIATION.--Five hundred thousand dollars
($500,000) is appropriated from the general fund to the office
of the state auditor for expenditure in fiscal years 2026
through 2028 to provide funding for a class and compensation
study distinct to the agency's governmental audit and
accounting procedures. Any unexpended or unencumbered balance
remaining at the end of fiscal year 2028 shall revert to the
general fund.
.230190.2