The bill amends Section 10-16D-3 of the New Mexico Statutes to enhance the Sunshine Portal, which serves as a public resource for state financial information aimed at promoting governmental transparency and accountability. Key updates include the requirement for the Sunshine Portal to provide direct links to the statutory provisions that create each state fund, thereby allowing users to easily access the legal language associated with these funds. Additionally, the bill mandates that the portal must include various financial data, such as state cash balances, investment accounts, agency budgets, and contract details, ensuring that the public has comprehensive access to state financial operations.
Furthermore, the bill specifies that state agencies are required to update their financial information at least monthly, and the department responsible for the Sunshine Portal must maintain and update the website regularly to reflect new information. The effective date for the provisions of this act is set for December 31, 2025. This legislative effort aims to improve public access to state financial data and enhance the overall transparency of government operations in New Mexico.
Statutes affected: introduced version: 10-16D-3
Final Version: 10-16D-3