New Mexico § 2-5-4 - Legislative finance committee; additional duties
Full text of New Mexico New Mexico Statutes Annotated § 2-5-4 — Legislative finance committee; additional duties, with citation guidance and answers to common questions.
§ 2-5-4. Legislative finance committee; additional duties
A. The legislative finance committee, in addition to all other duties prescribed by
law, shall annually review budgets and appropriations requests, and the operation
and management of selected state agencies, departments and institutions and shall
make recommendations with respect thereto to the legislature. B. To carry out the purposes of this section, the legislative finance committee shall
establish a budget analysis division staffed with persons knowledgeable and proficient
in budget analysis and budget preparation. C. Each state agency, department and institution shall furnish to the legislative
finance committee a copy of its appropriation request made to the department of finance
and administration at the same time such request is made to such department. Each state agency, department or institution shall also furnish to the legislative
finance committee and its staff any other supporting information or data deemed necessary
to carry out the purposes of this section. D. The legislative finance committee, or, when it deems necessary, its staff may hold
such hearings and require such testimony from officers and employees of each state
agency, department or institution as is necessary to carry out the purposes of this
section. E. Not later than the first week of any regular legislative session, the legislative
finance committee shall furnish a document containing its budget recommendations to
each member of the senate finance committee, the house appropriations and finance
committee and to those other members of the legislature which may request it. A copy shall also be furnished to the governor and to the department of finance
and administration.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 2-5-4
What does New Mexico Statutes Annotated § 2-5-4 cover?
Section 2-5-4 ("Legislative finance committee; additional duties") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 2-5-4?
A common citation format is "New Mexico Statutes Annotated § 2-5-4" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 2-5-4 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.