A. The New Mexico sentencing commission shall prepare a fiscal impact statement as provided in this section for a bill that:

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(1)     creates a new crime or repeals an existing crime for which imprisonment is authorized;

(2)     increases or decreases the period of imprisonment authorized for an existing crime;

(3)     imposes or removes mandatory minimum terms of imprisonment; or

(4)     modifies the law governing release of inmates in such a way that the time served in prison will increase or decrease.

B. A fiscal impact statement shall reflect the estimated change in annual operating costs for the corrections department attributable to the bill if it becomes law. The estimated change in annual operating costs shall reflect the largest annual change from the projected change for the six fiscal years following the effective date of the law and shall be calculated in current dollars. The fiscal impact statement shall include details concerning any increase or decrease in the inmate population.

C. If the New Mexico sentencing commission does not have sufficient information to project the fiscal impact, the fiscal impact statement shall state that there is insufficient information to estimate the fiscal impact.

D. The corrections department shall annually provide the New Mexico sentencing commission with:

(1)     the average operating costs per inmate and the number of inmates in adult correctional facilities; and

(2)     admissions and release data for all inmates in adult correctional facilities.

E. The judiciary shall annually provide the New Mexico sentencing commission with requested data necessary to prepare fiscal impact statements.

F. As used in this section, “operating costs” means all costs other than capital outlay costs for state-operated adult correctional facilities and privately operated adult correctional facilities.