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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

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By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

State funds in local banks bill passes Senate committee

By | 02.12.10 | 3:16 pm

A bill brought by Rep. Brian Egolf, D-Santa Fe, to give preference to local banks in putting state funds in local banks instead of national banks cleared the Senate Corporations and Transportation Committee last night. The bill gained national attention when it passed the House earlier this week.

HB 66, State Funds in Community Banks, would “give preferential treatment to New Mexico community banks when bidding for the state fiscal agent contract by requiring the Department of Finance and Administration (DFA) to multiply the lowest bidding community bank’s bid price ‘by a factor of .9.’” according to the fiscal impact report.

Now the bill heads to the Senate Finance Committee, the final obstacle for the bill before hitting the Senate floor. If the bill passes the Senate without changes, it will be sent to the governor’s desk.

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