SM 8 New Mexico Senate · 2025 Regular Session

STUDY DEFICIENCY APPROPRIATION REQUESTS

Senate Memorial 8 requests the State Auditor to convene a work group to study the causes of increasing state agency "deficiency appropriation requests" (funds requested mid-year to cover budget shortfalls). The bill cites a $137.5 million rise in these requests from 2014-2024, noting issues like inadequate justifications, bypassed processes, and root causes including over-expenditures and hidden deficits. The work group would examine the State Auditor’s recommendations to improve transparency, strengthen audit procedures, clarify budget laws, and modernize oversight - focusing on better accountability and preventing future shortfalls. This study aims to inform potential legislative reforms, not directly change current laws.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 18, 2025 Last action Jun 3, 2025
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Feb 18, 2025
Introduced
Sent to Senate Rules Committee & Senate Finance Committee
upper
1 primary · 0 co-sponsors

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P
Photo of Pete Campos
Pete Campos
DDemocratic
NM
8