N.M. Stat. § 14-4A-2
Legislative findings.
The legislature finds that:
A. a vibrant and growing small business sector is critical to creating jobs in a
dynamic economy;
B. small businesses bear a disproportionate share of regulatory costs and burdens;
C. fundamental changes that are needed in the regulatory culture of state agencies
to make them more responsive to small business can be made without compromising
the statutory missions of the agencies;
D. when adopting rules to protect the health, safety and economic welfare of the
state, agencies should seek to achieve statutory goals as effectively and efficiently as
possible without imposing unnecessary burdens on small businesses;
E. uniform regulatory reporting requirements can impose unnecessary and
disproportionately burdensome demands, including legal, accounting and consulting
costs, upon small businesses with limited resources;
F. the failure to recognize differences in the scale and resources of regulated
businesses can adversely affect competition in the marketplace, discourage innovation
and restrict improvements in productivity;
G. unnecessary rules create entry barriers in many industries and discourage
potential entrepreneurs from introducing beneficial products and processes;
H. the practice of treating all regulated businesses as equivalent may lead to
inefficient use of agency resources, enforcement problems and, in some cases, to
actions inconsistent with stated legislative intent of health, safety, environmental,
economic welfare and other legislation;
I. alternative regulatory approaches that do not conflict with applicable statutes
may be available to minimize the significant economic impact of rules on small
businesses; and
J. the process by which state rules are developed and adopted should be reformed
to require agencies to solicit the ideas and comments of small businesses, to examine
the effect of proposed and existing rules on such businesses and to review the
continued need for existing rules.