HOUSE BILL 314

51st legislature - STATE OF NEW MEXICO - second session, 2014

INTRODUCED BY

Luciano "Lucky" Varela

AN ACT

RELATING TO ELECTED OFFICIALS; PROVIDING COMPENSATION INCREASES FOR ELECTED OFFICERS FOR NEW TERMS BEGINNING ON OR AFTER JANUARY 1, 2015.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. Section 8-1-1 NMSA 1978 (being Laws 1971, Chapter 260, Section 1, as amended) is amended to read:

     "8-1-1. COMPENSATION OF ELECTIVE STATE OFFICERS.--

          A. Annual compensation of elective state officers shall be paid as follows:

     governor. . . . . . . . . . . . . . .[$110,000] $121,000

     secretary of state. . . . . . . . . . . . [85,000] 93,500

     state auditor. . . . . . . . . . . . . . .[85,000] 93,500

     state treasurer. . . . . . . . . . . . . [85,000] 93,500

     attorney general. . . . . . . . . . . . .[95,000] 104,500

     commissioner of public lands. . . . . . . [90,000] 99,000

     public regulation commissioner. . . . . . [90,000] 99,000.

          B. Any person succeeding to the office of governor as provided in Article 5, Section 7 of the constitution of New Mexico shall receive the salary of the office. Every person serving as acting governor during the incapacity or absence of the governor from the state, other than the secretary of state, shall receive two hundred fifty dollars ($250) as compensation for each day's service as acting governor.

          C. All compensation under this section shall be paid from the general fund, except that the amount paid to the commissioner of public lands shall be paid from the state lands maintenance fund."

     SECTION 2. Section 8-3-3 NMSA 1978 (being Laws 1971, Chapter 138, Section 3, as amended) is amended to read:

     "8-3-3. COMPENSATION.--For the performance of the duties established in Section 8-3-1 NMSA 1978, the lieutenant governor shall receive an annual compensation of [eighty-five thousand dollars ($85,000)] ninety-three thousand five hundred dollars ($93,500)."

     SECTION 3. APPLICABILITY.--The compensation increases provided in this act apply to new terms beginning on or after January 1, 2015.

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