NMBC brings you information about public officials who have the power and responsibility to provide a pro-business environment in which all businesses can flourish, provide jobs, and improve the economy and the quality of life for all New Mexicans. NMBC does not label individuals as “Zeros,” but we will not hesitate to talk about legislation as a “Zero” – providing no real benefit to the state and sometimes, even worse, taking the great state of New Mexico farther down the wrong path.
That said, here is the latest installment of New Mexico Business Coalition Legislative Heroes and Zeroes:
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Heroes
HB 139 and HJR 6: are bipartisan efforts to bring balance back to the legislative and executive branches.
SB 78 and HB 49: Exempt Social Security from income tax. HJR 7: School choice will allow students to be educated where they choose. HB 180: Limits fund appropriated by the Governor during public health emergencies to $750,000 per quarter. HB 159: Prohibits rule making during a pandemic. |
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Zeroes from the House
HB 20, HB 37 & HB 38: Business mandates for statewide paid leave.
HB 40: bars privately managed detention facilities. HB 110: Mandated $15/hour minimum wage. HB 122: New tax on health insurance. HJR1: Increased rain of the permanent fund. HB 148: Increase UI contribution rate. HB 50: Allows individuals to sue businesses for any alleged infraction against air, land, and water. |
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Zeroes from the Senate
SB 8: Air quality regulations that circumvent the past two years of work by stakeholders to promulgate rules.
SB 11: Imposes drastic requirements for vehicle emissions that will greatly increase costs of vehicles. SB 56: Increase top personal income tax rate to 8.2%. SB 63: Require all new school construction to include solar panels. SB 67: Requires all new energy to be renewable. SB 86: Regulates water use by the oil and gas industry and would require 22 new FTE at a cost of $2.3 million in salary plus more for equipment and other expenses.
SB 89: Increase top personal income tax rate to 6.5%.
SB 110: Increase taxpayer contribution to educational retirement board pension plan. SB 130: Requires 75% of state vehicles to be electric. SB 132: requires all new homes to have solar panels and charging stations for electric vehicles. SJR 3: Enacts a “green” amendment to the state constitution. |