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The financial woes of the New Mexico Public Regulation Commission could result in increased funding for the agency or breathe new life into efforts to dilute its role.
The PRC reported Tuesday that it would freeze hiring and ban nonessential travel to save enough money to stave off layoffs.
The commission will tell legislators this fall it does not have enough money to fully staff itself and take on a workload expanding under new state and federal mandates, PRC Chairwoman Lynda Lovejoy said.
The PRC has an operating budget of more than $28 million, including about $12.5 million from the state's …