New Mexico Statutes 12-9-22. Regulation review
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Each agency subject to the provisions of the Sunset Act N.M. Stat. Ann. § 12-9-11 to 12-9-21 shall review its rules and regulations periodically and, as a result of that review, update its rules and regulations at least once every three years. Each agency subject to the provisions of the Sunset Act shall submit to the department of finance and administration and the legislative finance committee each year a status report on actions the agency took on its rules and regulations during the last fiscal year.
Terms Used In New Mexico Statutes 12-9-22
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.