44TH LEGISLATURE - STATE OF NEW MEXICO - FIRST SESSION, 1999

RELATING TO CAMPAIGN PRACTICES; CLARIFYING THAT A PROHIBITION AGAINST SOLICITING FUNDS FROM A REGULATED INDUSTRY DOES NOT APPLY TO CANDIDATES FOR THE OFFICE OF SUPREME COURT JUSTICE; AMENDING A SECTION OF THE NMSA 1978.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

Section 1. Section 1-19-34.2 NMSA 1978 (being Laws 1993, Chapter 46, Section 13, as amended) is amended to read:

"1-19-34.2. REGULATED INDUSTRY SOLICITATIONS

PROHIBITED.--

A. It is unlawful for an elected state official, public officer or employee who works for a regulatory office or a candidate who seeks election to a regulatory office or anyone authorized by a candidate to solicit funds on his behalf to knowingly solicit a contribution from an entity or its officers or employees or a person that is directly regulated by the office. For purposes of this section, an entity or person is directly regulated by an office when the entity's or person's charges for services offered to the public are set or directly subject to approval by the regulatory office or when a license to do business in the state is determined by the regulatory office.

B. The provisions of Subsection A of this section do not apply to a candidate, including an incumbent seeking reelection, for the office of supreme court justice."

Section 2. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 1999.