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Project might finally deliver natural gas to Peñasco

New Mexico Gas Co. promises the economic benefits for southern Taos County residents will be significant. ....

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New Mexico Senate committee advances gas tax hike | The NM Political Report

By Dillon MullanSanta Fe New Mexican |
February 22, 2021
pixabay
The Senate Taxation, Business and Transportation Committee on Saturday endorsed a bill that would create new funding for New Mexico’s damaged highways and roads.
Senate Bill 168 would increase the gasoline excise tax from 17 cents to 22 cents per gallon, and the extra contributions would raise over $63 million annually once fully phased in by 2025, mostly for the state road fund, according to a legislative analysis.
The bill passed on a 7-4 vote with support from the committee’s Democrats and objection from four Republicans.
“We don’t have a single legislator that doesn’t say there are needs in their area. We even go to the extreme of school buses that can’t cross bridges because of delays in maintenance,” state Sen. Bobby J. Gonzales, a Ranchos de Taos Democrat who is co-sponsoring the legislation, said during the committee meeting. “Everyone will spend much more on coffee fr ....

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