The 2010 regular session will end with an answer to the state’s budget problem. But will it be a lasting answer? Sen. John Arthur Smith, D-Deming, said Monday that the odds are “pretty high” that lawmakers will need to come back to Santa Fe for a special session before next year’s regular 60-day session.
“There’s a lot of unknowns we can’t predict,” Smith said.
Smith also said that the tax increases passed by the House will not survive in the Senate.
“If you’re asking for a tax increase then have the same amount cut,” he said, adding that a large part of House Bill 2, the appropriation bill passed by the House, depends on federal dollars that aren’t yet a sure thing.
Smith earlier told the Independent that the Senate Fiance Committee should begin to take up HB 2 on Tuesday, and likely be done with it by later in the week.