New Mexico § 6-3-25 - Budget adjustment procedure
Full text of New Mexico New Mexico Statutes Annotated § 6-3-25 — Budget adjustment procedure, with citation guidance and answers to common questions.
§ 6-3-25. Budget adjustment procedure
A. Except for federal funds, disaster assistance funds and emergency response funds,
any budget adjustment request to transfer, decrease or increase funds shall be held
in abeyance for ten calendar days after the director of the state budget division
of the department of finance and administration has approved the request and has filed
the request with the director of the legislative finance committee or his designee. The request shall be accompanied by a statement, in writing, of the conditions under
which the budget adjustment request is approved, together with justification for approval. B. If within ten days the director of the legislative finance committee or his designee
objects to the request, the request shall not go into effect until it is reviewed
by the legislative finance committee at a public hearing held within thirty-five calendar
days of receipt of the proposed budget adjustment by the director of the legislative
finance committee or his designee. If the state fiscal year ends prior to the date scheduled for a hearing, the request
shall go into effect on the last day of the fiscal year. C. If within ten days of receipt of a budget adjustment request the director of the
legislative finance committee or his designee indicates that no objection will be
forthcoming, the proposed budget adjustment request may be implemented immediately. If no public hearing is held within the required thirty-five days, the request may
be implemented.
Frequently Asked Questions About New Mexico § 6-3-25
What does New Mexico Statutes Annotated § 6-3-25 cover?
Section 6-3-25 ("Budget adjustment procedure") 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 § 6-3-25?
A common citation format is "New Mexico Statutes Annotated § 6-3-25" (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 § 6-3-25 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.