This bill introduces new regulations regarding lobbying by former state legislators in New Mexico. It prohibits individuals who have recently served as state legislators from accepting compensation as lobbyists for a period of two years following the end of their term. Additionally, it bars employers of lobbyists from compensating former legislators during the same two-year period. The bill also mandates that lobbyists, when registering, must file a statement under oath indicating whether they have served as a legislator in the past two years. If a lobbyist has served in this capacity, their employer will be notified.

Furthermore, the bill amends the existing Lobbyist Regulation Act to include these new requirements. Specifically, it adds a new section that outlines the restrictions on lobbying by former legislators and establishes penalties for violations. The registration process for lobbyists will now require them to disclose their past legislative service, enhancing transparency in lobbying activities. The provisions of this act will take effect on January 1, 2027, and will apply to all individuals who hold the office of state legislator on or after that date.

Statutes affected:
introduced version: 2-11-3