Roundhouse Roundup: Budget, Early Childhood Education

SANTA FE, New Mexico (KRQE) – This is the last week of Legislative session. Lawmakers still have a few steps to take before the end of the session on March 20.

Here are the invoices that we are monitoring on March 17, 2021:

Bill 2 – Budget bill

  • They will continue discussions on the finance bill.
  • Right now, almost half of the $ 7.4 billion budget goes to public education.

Senate Bill 92 – Status of Certain Missing Persons Found

  • If a missing person who requests confidentiality regarding the person’s status and location is a person with a guardian appointed by a judge, the law enforcement agency notifies the court that the person has been located and has requested confidentiality.

Joint House Resolution 1 – Permanent Early Years Fund

  • He proposes to take 1% of the Land Grant Permanent Fund and devote this money to early childhood education.
  • It would be up to the voters to decide.

Senate Bill 248 – Anonymous Reporting in Schools

  • This bill wants the New Mexico Department of Public Education, along with local schools and law enforcement, to develop a statewide “anonymous reporting program” to report any activity. harmful that has occurred, is occurring or could occur and involves an employee or student of the school.

Senate Bill 1 – Tax Deduction for Gross Restaurant Receipts

Senate Bill 1 will create a $ 600 tax credit for people earning less than $ 31,200 per year who also claim the working family tax credit. It also offers brief gross revenue tax relief to businesses such as restaurants, breweries, food trucks, and wineries for four months in 2021. Businesses could pocket the sales tax money while the State would reimburse the local government for the loss of this tax revenue. .

Senate Bill 2 – Eliminate Liquor License Fees 2021

The legislation will allow the state to waive annual alcohol license fees as businesses struggle to bounce back amid the pandemic. The governor said the food and beverage industry is a key part of the state’s economy. By law, the next annual fee for renewed liquor licenses and for all new licenses issued this year will be waived.

Senate Bill 3 – Small Business Recovery Act

The bill will provide more than $ 460 million in low interest relief loans. It would also make it easier for small and medium-sized businesses to receive up to $ 75,000.

Senate Bill 10 – Prohibition of Abortion

Senate Bill 10 repeals a 1969 law that criminalized abortion in New Mexico. The criminalization of abortion became state law in the late 1960s, but the Supreme Court decision of Roe vs. Wade rendered the ban on abortion in New Mexico inapplicable. Since then, abortions have been legal in our state.

Governor Lujan Grisham has said that a woman has the right to make decisions about her own body. “Anyone who seeks to violate bodily integrity or criminalize femininity is engaging in dehumanization. New Mexico is not in this business – not anymore. Our state statutes now reflect this inviolable recognition of humanity and dignity. I am incredibly grateful to the tireless advocates and lawmakers who have fought tirelessly against misinformation and fear to make this day a reality. Equality for all, equal justice and equal treatment – this is the norm. And I am proud to lead a state that has come closer to this standard today.

Bill 11 – TSO and permanent funds for LEDA projects

Bill 11 will provide $ 200 million from the state general fund to thousands of businesses that experienced revenue declines in 2020. The bill will also provide individual grants of up to $ 100,000 without reimbursement to businesses for the repayment of rent, lease or mortgage obligations on property located in New Mexico.

Among the guidelines:

  • Companies must operate in New Mexico with fewer than 75 employees per location;
  • Companies must demonstrate a loss of revenue for at least one quarter between 2019 and 2020;
  • The financing must be used for the repayment of rent, mortgage or lease obligations;
  • The subsidy must be accompanied by job creation for each quarter preceding one of the quarterly payments; and
  • Grants will be paid in quarterly installments.

Internal invoice 1 – Food invoice

House Bill 1 provides for a series of appropriations from the General Fund to cover the expenses of the 2021 session of the legislature.

Previous Visa Unveils Installed Payment Capabilities to Offer Buyers Easy and Flexible Payment
Next Having money changes everything! - Canyon news

No Comment

Leave a reply

Your email address will not be published.