The proposed joint resolution seeks to amend Article 4 of the New Mexico Constitution by establishing a permanent Interim Administrative Rule Oversight Committee. This committee will consist of twelve members appointed by the majority and minority floor leaders of both the House of Representatives and the Senate. The committee will have the authority to review proposed agency rules, make recommendations, and suggest changes to the relevant authorizing statutes. It will meet at least once a month during the interim between legislative sessions and will have a chair that alternates between the two houses of the legislature.

Additionally, the committee will have the power to recommend the overturning of agency rules to the legislature if it finds that a rule does not comply with the authorizing law. The legislature will then have the ability to overturn these agency rules during a legislative session. The resolution stipulates that the proposed amendment will be submitted to the public for approval or rejection at the next general election or any special election called for that purpose.