HOUSE BILL 454
56th legislature - STATE OF NEW MEXICO - first session, 2023
Randall T. Pettigrew and Cathrynn N. Brown and Rod Montoya
RELATING TO BUDGETS; PROHIBITING THE AUTHORIZATION OF BUDGET ADJUSTMENT REQUESTS FOR AMOUNTS APPROPRIATED TO STATE AGENCIES FOR PERSONAL SERVICES AND BENEFITS FOR ANY OTHER BUDGET CATEGORY.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 6-3-24 NMSA 1978 (being Laws 1992, Chapter 2, Section 2) is amended to read:
"6-3-24. BUDGET ADJUSTMENTS--AUTHORIZATIONS PERMITTED.--
A. A state agency may be specifically authorized by law to request a budget adjustment; provided that any amount appropriated to a state agency for personal services and benefits shall not be used for any other budget category, and budget adjustment requests for such purposes shall not be authorized. The amount of budget adjustment authorized may be limited by law. All requests for budget adjustments shall be made in accordance with the procedures set forth in Section 6-3-25 NMSA 1978.
B. Except as provided in Subsection A of this section, the state budget division of the department of finance and administration may approve budget adjustments for state agencies as provided by law. If the budget adjustment results in an increased expenditure of other state funds, internal service funds or interagency transfer funds above the amounts appropriated, such funds are hereby appropriated."
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