2024 NM Legislative Session
This category will include items sent to the Beat from the 2024 NM Legislative session.
Governor signs tax bill
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 06 March 2024 06 March 2024
Governor signs tax bill that will save New Mexicans $231 million
New law lowers income taxes, creates credit for advanced manufacturing, clean cars
SANTA FE—Gov. Michelle Lujan Grisham on Wednesday signed into law an omnibus tax bill that will lower income taxes by more than $160 million for New Mexicans and help the state transition to a clean energy future.
“Cutting costs for families has been a hallmark of my administration from Day One. Since 2019, our policies have saved New Mexico taxpayers more than $910 million,” said Gov. Lujan Grisham. “On top of the savings for families and businesses, we are growing our clean energy economy through credits for advanced manufacturing, clean cars, geothermal, and more. This is what fair and responsible tax leadership looks like.”
Senate Republican Leader Greg Baca Issues Statement
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 05 March 2024 05 March 2024
Senate Republican Leader Greg Baca Issues Statement on Signing of Clean Fuel Standards Bill
SANTA FE—Today, Governor Michelle Lujan Grisham signed House Bill 41, Clean Transportation Fuel Standards, into law. The measure now gives expanded authority to the unelected Environmental Improvement Board (EIB) to impose a carbon credit system to reduce carbon emissions from transportation fuels.
NM becomes fourth state to enact Clean Fuel Standards
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 05 March 2024 05 March 2024
New Mexico becomes fourth state to enact Clean Fuel Standards as governor signs legislation
Landmark legislation set to grow economy, reduce emissions
SANTA FE — Gov. Michelle Lujan Grisham today signed House Bill 41, Clean Transportation Fuel Standards, into law. New Mexico is the fourth state in the nation to enact the standards.
HB41 allows producers and importers of low-carbon transportation fuels to generate clean fuel credits to sell to producers and importers of high-carbon transportation fuels. HB41 then directs the emissions of transportation fuels in New Mexico to decrease over time.
Major tax credit programs set to propel the state
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 16 February 2024 16 February 2024
Major tax credit programs set to propel the state towards a sustainable and green future
EMNRD hails House Bill 252, driving a robust green energy economy
SANTA FE – The New Mexico Energy, Minerals, and Natural Resources Department (EMNRD) lauds the passage of House Bill 252, the Omnibus Tax Package, sponsored by Rep. Derrick J. Lente. It supports a robust clean energy economy for all New Mexico households and businesses, protecting the environment, human health, and natural resources. The bill now heads to the governor’s desk for her signature.
Democrats Deliver on Key Priorities in Productive 30-day Session
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 16 February 2024 16 February 2024
Sine Die: House Democrats Deliver on Key Priorities
in Productive 30-day Session
In addition to historic budget investments, the legislature also passed dozens of critical bills addressing priorities like community safety, education, and healthcare
Santa Fe, NM - The second session of New Mexico’s 56th Legislature adjourned sine die at noon today, concluding a productive 30-day budget session.
Legislature approves much of Governor’s agenda
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 15 February 2024 15 February 2024
With public safety agenda incomplete, governor considers special session SANTA FE – The New Mexico Legislature adjourned its 30-day session on Thursday having passed much of Gov. Michelle Lujan Grisham’s legislative agenda. However, the governor is seriously considering a special session to press for additional public safety protections that New Mexicans demand.
Lawmakers approved a $10.2 billion budget for FY 2025, a 6.8 % increase over current-year state spending. The Legislature passed a total of 72 bills, 48 of which were proposed or supported by the governor and state agencies. Bills backed by the governor and approved by lawmakers make significant investments in New Mexico roads, parks, literacy programs, health care and more, but much work remains to be done.
Senate Bill 241 implements nationwide background checks
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 15 February 2024 15 February 2024
Senate Bill 241 implements nationwide background checks for Aging Department, moves to governor’s desk
SANTA FE – The New Mexico House of Representatives unanimously passed Senate Bill 241, Aging Department Background Checks, with a vote of 63-0. The bill updates the background check requirements for the Aging and Long-Term Services Department (ALTSD) and is now headed to the governor’s desk for her signature.
Governor applauds passage of House Bill 195
- Category: 2024 NM Legislative Session 2024 NM Legislative Session
- Published: 15 February 2024 15 February 2024
Governor applauds passage of House Bill 195 to make changes to Opportunity Enterprise Revolving Loan Fund
SANTA FE – Gov. Michelle Lujan Grisham today celebrated the passage of House Bill 195, sponsored by Reps. Linda Serrato, Meredith A. Dixon, and Joy Garratt and Sen. Michael Padilla. The legislation makes changes to the Opportunity Enterprise Revolving Loan fund (OERF) at the New Mexico Finance Authority, opening it up to support housing infrastructure and workforce development housing projects. The bill is accompanied by a $125 million appropriation to the fund for housing in the FY25 budget.