N.M. Admin. Code § 1.10.13.32
Current through Register Vol. 35, No. 23, December 10, 2024
Section 1.10.13.32 - LEGISLATIVE CAUCUS COMMITTEEA. Only one legislative caucus committee may exist for the majority and minority of each legislative chamber.B. The speaker and the minority floor leader of the house of representatives and the majority floor leader and the minority floor leader of the senate shall be the designated leaders of the legislative caucus committees for the members of their political party in their legislative chamber unless: (1) two-thirds of the members of a political party in a legislative chamber vote to designate a different leader from among their members; and(2) the results of that vote are recorded with the secretary of state.C. A legislative caucus committee must comply with all statutes and rules applicable to political committees, with the exception of in-kind contributions from a legislative caucus committee to a candidate nominated by that party in a general election cycle, which do not apply to limitation on contributions.D. No funds belonging to a legislative caucus committee shall be expended by the committee unless a current designated leader of the committee is on file with the secretary of state using the campaign registration form prescribed by the secretary of state.E. Funds belonging to a legislative caucus committee shall be managed by the designated leader or the leader's designee as designated on the campaign registration form prescribed by the secretary of state.F. A legislative caucus committee cannot be dissolved or cancel its registration as a political committee pursuant to Subsection G of Section 1-19-29 NMSA 1978.N.M. Admin. Code § 1.10.13.32
Adopted by New Mexico Register, Volume XXX, Issue 20, October 29, 2019, eff. 10/29/2019, Amended by New Mexico Register, Volume XXXIII, Issue 06, March 22, 2022, eff. 3/22/2022