Capitol Outlay

New Mexico State Revenues Continue To Rise

350 Views   According to state economists, New Mexico’s recurring revenue estimates continue to soar, outpacing most of the rest of the nation. During the last report back in December, the estimate was 12.5% revenue growth which at the time was the largest estimated revenue growth in the country. It turns

Hundreds of dollars could come to New Mexicans if bill is passed

491 Views   **Editor’s Note: House Bill 547 was amended before passing the House Saturday. With an amendment, the proposed rebates were increased to $500 for single filers and $1,000 for joint filers. The original proposal offered $300 for single filers and $600 for joint filers. NEW MEXICO (KRQE) – The legislative session is

$959 million tax proposal progresses through roundhouse

434 Views   If it passes — $300 tax rebates will go to single filers. Married couples filing jointly will receive $600. ALBUQUERQUE, N.M. — A $959 million tax package proposal passed the House and Revenue committee Monday. House Bill 547, sponsored by the chairman of the New Mexico House & Revenue

Lawmakers have lots of ideas on how to spend billions in new state money

454 Views   ALBUQUERQUE, N.M. — It’s almost like New Mexico won the lottery. “$3.6 billion,” UNM economist Reilly White exclaimed. “I know when you think about it this way, if we divide it, 2.2 million New Mexicans for every man, woman and child in New Mexico, that’s over 1500 bucks.”