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Current as of January 01, 2024 | Updated by Findlaw Staff
If the legislative finance committee recommends creation of a new board or commission to license or regulate a profession or occupation, the following information shall be included with its recommendation:
A. the number of individuals or businesses that would be subject to licensure or regulation;
B. the names of all appropriate professional or occupational associations and a copy of each association's code of ethics or conduct;
C. a list of states that regulate the profession or occupation together with the descriptions and dates of enactment of each state's licensing or regulatory scheme;
D. a documentation of the nature and extent of the harm to the public caused by the unregulated practice of the profession or occupation;
E. a list and description of complaints that have been lodged against practitioners of the profession or occupation in this state during the preceding three years;
F. a list and description of existing laws that affect the profession or occupation and which may protect the public;
G. a copy of any federal law mandating or necessitating licensure or regulation;
H. the reasons that other types of less restrictive regulation would not effectively protect the public;
I. the fiscal impact of the proposed licensure or regulation, including the indirect cost to consumers, and the proposed method of financing the licensure or regulation; and
J. the extent to which the proposed licensure or regulation will affect the number and distribution of members of the profession or occupation in the state.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 12. Miscellaneous Public Affairs Matters § 12-9A-5. Required information - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-12-miscellaneous-public-affairs-matters/nm-st-sect-12-9a-5/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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