1. A. As used in this section, in addition to the definitions provided in Section 62-19-2 NMSA 1978:

   1. (1) "affiliated interest" means a person who directly controls or is controlled by or is under common control with a regulated entity, including an agent, representative, attorney, employee, officer, owner, director or partner of an affiliated interest. For the purposes of this definition, "control" includes the possession of the power to direct or cause the direction of the management and policies of a person, whether directly or indirectly, through the ownership, control or holding with the power to vote of ten percent or more of the person's voting securities;
   2. (2) "intervenor" means a person who is intervening as a party in an adjudicatory matter before the commission or has intervened in an adjudicatory matter before the commission within the preceding twenty-four months, including an agent, representative, attorney, employee, officer, owner, director, partner or member of an intervenor;
   3. (3) "pecuniary interest" includes owning or controlling securities; serving as an officer, director, partner, owner, employee, attorney or consultant; or otherwise benefiting from a business relationship. "Pecuniary interest" does not include an investment in a mutual fund or similar third-party-controlled investment, pension or disability benefits or an interest in capital credits of a rural electric cooperative or telephone cooperative because of current or past patronage; and
   4. (4) "regulated entity" means a person whose charges for services to the public are regulated by the commission and includes any direct or emerging competitors of a regulated entity and includes an agent, representative, attorney, employee, officer, owner, director or partner of the regulated entity.
2. B. In addition to the requirements of the Financial Disclosure Act [Chapter 10, Article 16A NMSA 1978] and the Governmental Conduct Act [Chapter 10, Article 16 NMSA 1978], nominees for appointment to the commission, commissioners and employees of the agency shall comply with the requirements of the Public Regulation Commission Act, as applicable.
3. C. A nominee for appointment to the commission shall not solicit or accept anything of value, either directly or indirectly, from a person whose charges for services to the public are regulated by the commission. For the purposes of this subsection, "anything of value" includes money, in-kind contributions and volunteer services to the nominee or the nominee's organization, but does not include pension or disability benefits.
4. D. Commissioners and employees of the agency shall comply with the provisions of the Gift Act [Chapter 10, Article 16B NMSA 1978].

5. E. After leaving the commission:

   1. (1) a former commissioner shall not be employed or retained in a position that requires appearances before the commission by a regulated entity, affiliated interest or intervenor within two years of the former commissioner's separation from the commission;
   2. (2) a former employee shall not appear before the commission representing a party to an adjudication or a participant in a rulemaking within one year of ceasing to be an employee; and
   3. (3) a former commissioner or employee shall not represent a party before the commission or a court in a matter that was pending before the commission while the commissioner or employee was associated with the commission and in which the former commissioner or employee was personally and substantially involved in the matter.
6. F. The attorney general or a district attorney may institute a civil action in the district court for Santa Fe county or, in the attorney general's or a district attorney's discretion, the district court for the county in which a defendant resides if a violation of this section has occurred or to prevent a violation of this section. A civil penalty may be assessed in the amount of two hundred fifty dollars ($250) for each violation, not to exceed five thousand dollars ($5,000).

History: Laws 1998, ch. 108, § 19; § 8-8-19, recompiled and amended as § 62-19-8 by Laws 2020, ch. 9, § 23; 2026, ch. 64, § 7.

ANNOTATIONS

Recompilations. — Laws 2020, ch. 9, § 23 recompiled and amended former 8-8-19 NMSA 1978 as 62-19-8 NMSA 1978, effective January 1, 2023.

The 2026 amendment, effective May 20, 2026, added "employees of the agency" to an existing provision that required nominees for appointment to the commission and commissioners to comply with the Financial Disclosure Act, the Governmental Conduct Act and the requirements of the Public Regulation Act, required commissioners and employees of the agency to comply with the provisions of the Gift Act, and removed certain provisions duplicative of provisions in the Gift Act; in Subsection B, after "employees of the" deleted "commission" and added "agency"; and deleted former Subsection D and added a new Subsection D.

The 2020 amendment, effective January 1, 2023, substituted references to "candidate" with "nominee", and made certain technical amendments; in the section heading, deleted "candidates" and added "nominees"; in Subsection A, in the introductory clause, after "Section", deleted "2 of the Public Regulation Commission Act" and added "16 of this 2020 act"; in Subsection B, after "Governmental Conduct Act", deleted "candidates for" and added "nominees for appointment to", and after "requirements of", deleted "this section and Sections 17 and 18 of"; in Subsection C, after "A", deleted "candidate for election" and added "nominee for appointment", deleted paragraph designation "(1)" and Paragraph C(2), and after "volunteer services to the", deleted "candidate or his campaign" and added "nominee or the nominee’s"; and in Paragraph D(1), in the introductory paragraph, deleted "For the purposes of this paragraph, a commissioner may accept allowable campaign contributions when campaigning for reelection.".