Toward the end of your ballot in this coming election is an opportunity to professionalize and streamline New Mexico’s dysfunctional Public Regulation Commission (PRC) by voting in favor of Constitutional Amendments 2, 3 and 4.
This matters because no local, state or federal government agency directly affects more New Mexicans on a daily basis than the PRC.
In addition to approving the prices New Mexicans pay for electricity, natural gas, water, and landline telephone service, the PRC also regulates every type of insurance — ranging from auto, property, life, and title insurance to health insurance. The PRC controls the cost and service of motor carriers (including taxis, moving vans, buses, shuttles, ambulances, and tow trucks); processes corporate registrations; regulates oil, natural gas, and hazardous liquid pipelines; and even oversees the State Fire Marshal’s office and ski lift inspections.
As a result, the PRC has the broadest regulatory power of any state agency in the nation, yet the qualifications required of the five PRC commissioners are surprisingly low for such a powerful position. PRC commissioners are only required to be: 1) at least 18 years of age; 2) residents of the state for at least one year; and 3) not convicted felons. That is it.