New Mexico § 2-5-3 - Legislative finance committee; duties
Full text of New Mexico New Mexico Statutes Annotated § 2-5-3 — Legislative finance committee; duties, with citation guidance and answers to common questions.
§ 2-5-3. Legislative finance committee; duties
The committee shall: A. direct the director of the legislative finance committee in his work; B. examine the laws governing the finances and operation of departments, agencies
and institutions of New Mexico and all of its political subdivisions, the effect of
laws on the proper functioning of these governmental units, the policies and costs
of governmental units as related to the laws; C. recommend changes in these laws if any are deemed desirable, and draft and present
to the legislature any legislation necessary; D. make a full report of its findings and recommendations for the consideration of
each successive legislature following its original establishment, the report and suggested
legislation to be available to each member of the legislature on or before the first
day of the regular session thereof.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 2-5-3
What does New Mexico Statutes Annotated § 2-5-3 cover?
Section 2-5-3 ("Legislative finance committee; 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 § 2-5-3?
A common citation format is "New Mexico Statutes Annotated § 2-5-3" (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 § 2-5-3 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.