§ 2-5-1 Legislative finance committee created; terms; vacancies
§ 2-5-2 Legislative finance committee staff
§ 2-5-3 Legislative finance committee; duties
§ 2-5-4 Legislative finance committee; additional duties
§ 2-5-4.1 Legislative systems; coordination with other agencies;
§ 2-5-5 Legislative finance committee; powers
§ 2-5-7 Cooperation
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Terms Used In New Mexico Statutes > Chapter 2 > Article 5 - Legislative Fiscal Control

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Legislative session: That part of a chamber's daily session in which it considers legislative business (bills, resolutions, and actions related thereto).
  • President pro tempore: A constitutionally recognized officer of the Senate who presides over the chamber in the absence of the Vice President. The President Pro Tempore (or, "president for a time") is elected by the Senate and is, by custom, the Senator of the majority party with the longest record of continuous service.
  • Subpoena: A command to a witness to appear and give testimony.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.