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Legislation to fund early childhood education from Land Grant Permanent Fund gets hearing

By Robert Nott, Santa Fe New Mexican | March 12, 2021 In some ways, it was a historic legislative moment. The Senate Finance Committee renowned as being the morgue for repeated efforts to draw permanent fund money for early childhood education held a hearing Thursday to discuss that proposal, known as House Joint Resolution 1. But the committee did not vote on the legislation. Instead, as committee Chairman George Muñoz explained, the hearing was intended to educate members on the initiative before taking further action.  What that action will be remains unclear, although compromise and change seem likely, based on Thursday’s testimony. 

Spending deadlines proposed for NM capital outlay funds

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... The new Vladem contemporary art museum in Santa Fe was among the projects flagged by the Legislative Finance Committee in a recent report. Of the more than $4 million in state funds appropriated for the museum in 2019, only about $40,000 had been spent as of November. (Eddie Moore/Albuquerque Journal) Copyright © 2021 Albuquerque Journal SANTA FE – In recent years, spending the money allocated by New Mexico lawmakers for infrastructure projects around the state has proved to be a vexing challenge. In what would be a change, a key legislative budget panel is backing the idea of imposing spending deadlines on so-called capital outlay projects – at least for those projects funded by general fund dollars.

$9 3 billion in federal stimulus was lifeline for New Mexico, LFC report says

$9 3 billion in federal stimulus was lifeline for New Mexico, LFC report says
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