CONSTRUCTION COST STUDIES
HB 168 requires New Mexico's Construction Industries Commission and Division to conduct cost studies for proposed rules or trade bureau recommendations that may impact commercial or residential construction costs. These studies must estimate the financial effect on construction projects and be submitted with proposals before approval. The bill mandates that such studies be made public for review under the State Rules Act, effective July 1, 2025. The bill was referred to multiple committees but was postponed indefinitely on June 3, 2025, and has not advanced.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025
Last action Jun 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
Jan 28, 2025
Introduced
Sent to House Government, Elections and Indian Affairs Committee & House Commerce & Economic Development Committee & House Judiciary Committee
lower
2 primary · 0 co-sponsors
Sponsors
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