REVISE LFC MEMBERSHIP

SB 135 revises the membership structure of New Mexico's Legislative Finance Committee (LFC). It reduces the total committee size from 16 to 15 members, adjusts the appointment process for house members (from six to five), and clarifies rules for minority representation and vacancy fills. The bill requires appointments to maintain proportional party representation within each chamber and specifies that committee chairs alternate between the Senate and House every two years. This procedural bill affects only the committee's composition and appointment procedures, with no substantive policy changes.