The State Legislature’s Economic and Rural Development Committee met at the Roundhouse Thursday to hear a presentation on what’s known as “combined reporting.” Currently, New Mexico does not require large, multi-state companies to pay taxes on income they make here. Pro-business groups say to force companies to pay taxes here would deter businesses from coming to New Mexico. Others say we’re missing out on millions of dollars in lost revenue. Click the box below read a transcript of our conversation.

Here’s the agenda for this meeting.

And here’s a story by The Independent’s Trip Jennings on Sen. Peter Wirth’s efforts to introduce combined reporting.