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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

jobs-80
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.

Capital outlay bill is bottled up in House Committee

By | 02.17.10 | 2:09 pm

The House Taxation and Revenue Committee tried but failed minutes ago to bring back up a capital outlay bill viewed as key to state budget negotiations. The House committee amended SB 182 late Tuesday and then tabled it. Committee Chairman Edward Sandoval, D-Albuquerque, had hoped to re-consider the bill and pass it out, but an eight-to-eight vote kept the legislation tabled.

Visibly upset, Sandoval threw his pencil down on his desk.

Two Democrats joined six Republicans to keep the legislation on the table.

The bill would claw back money for stalled capital outlay projects, something that many legislators are hesitant to do, despite the money that could be diverted to shoring up the state’s bank account.

House Speaker Ben Lujan, D-Santa Fe, who also sits on the committee, leaned over to Sandoval and stage whispered to recess the House Taxation and Revenue meeting with the possibility of meeting again today subject to the call of the chair.

Lujan then walked out.

The capital outlay bill, SB 182, is viewed as key to state budget talks, which are occurring between House and Senate Democratic leaders.

The capital outlay bill is meant to sweep $130 million in state money from more than 1,500 brick-and-mortar projects around the state to help beef up the state’s nearly-depleted reserves, or rainy-day fund.

Legislative leaders have failed to reach a state budget deal with less than 24 hours to go in the session.

So they have agreed that the state capital legislation must pass before Thursday at noon to prop up the state’s reserves so the state doesn’t start writing hot checks.

But if the bill remains bottled up in House Taxation and Revenue for much longer, the chances of it passing diminish.

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