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Lawmakers enter session homestretch with tax package, legislative pay proposals still in limbo

Lawmakers enter session homestretch with tax package, legislative pay proposals still in limbo
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Finance chair: Lawmaker pay unlikely to pass | NM Political Report

By Robert Nott, The Santa Fe New Mexican The chairman of the Senate Finance Committee said the chances lawmakers will approve a proposal to ask voters to pay them are “very tough.” Sen. George Muñoz, D-Gallup, made the comment after a lengthy morning debate about the pros and cons of House Joint Resolution 8, which would […]

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MON: Lawmakers approve $9 6 billion budget over a windy weekend, + More

On a windy Saturday in Santa Fe, lawmakers inside the Roundhouse discussed and passed bills on how to spend a historic $9.6 billion budget.

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Revised $9 57 billion spending plan slashes transfer to permanent fund

By Daniel J. Chacón, The Santa Fe New Mexican The Senate Finance Committee endorsed a revised $9.57 billion spending plan Saturday that would increase the state’s spending in the upcoming fiscal year by nearly 14%. The full Senate is expected to consider the proposed budget on the floor Sunday afternoon. Tax rebates for New Mexicans […]

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TUES: New Mexico weighs tax credits for kids, electric vehicles, + More

Legislators on Monday advanced a package of state tax changes aimed at providing financial relief to New Mexico families with young children, residents of low or modest incomes and military veterans.

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