A New Idea For NM’s Permanent Fund

By Dan McKay / Albuquerque Journal Staff Writer

New Mexico lawmakers have repeatedly debated whether to pull more money out of the state’s largest permanent fund to help pay for early childhood education programs.

But in a legislative meeting Thursday, the state investment officer suggested a different approach.

Why not, he asked, leave the 5 percent distribution alone, but instead earmark a portion of the annual revenue growth that happens anyway?

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NMBC antes up $20,000 to support right-to-work county legal fights

Published by Albuquerque Business First on 5-23-18, written by Ron Davis.

With four counties on board, efforts to pass right-to-work legislation are heating up in New Mexico.

A local business group wants to keep the heat on.

The New Mexico Business Coalition confirmed to Albuquerque Business First it will contribute $20,000 for the legal defense of counties' decisions to implement right-to-work, which prohibits a company and a union from signing a contract that would require the affected workers to be union members. The contributions came from several businesses. A statement by the Business Coalition to ABF did not name the businesses.

Sandoval, Otero, Lincoln and most recently, Chaves counties have passed right-to-work legislation in New Mexico.

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March 1 BASH featured speaker Jay Block, Sandoval County Commissioner

Jay C. Block was born and raised in Manchester, NH and grew up with a strong interest to serve at a young age. In 1987 and early 1988 he worked for the Jack Kemp for President campaign during the New Hampshire primary season. In 1989, Jay graduated from high school and decided to serve his country by enlisting in the Air Force Reserve. He then transferred to the Air National Guard in North Dakota while attending college at North Dakota State University where he interned for a US Senator in 1993 and graduated in 1995 with a political science degree and a commission through the Air Force ROTC program.

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May 3rd Hobbs BASH keynote speaker: Jonathan Williams

Jonathan Williams is the Chief Economist and Vice President for the Center for State Fiscal Reform at the American Legislative Exchange Council (ALEC), where he works with state policymakers, congressional leaders and members of the private sector to develop fiscal policy solutions for the states. Williams also co-authors Rich States, Poor States: ALEC-Laffer Economic State Competitiveness Index with Reagan economist Dr. Arthur Laffer and Stephen Moore. Prior to joining ALEC, Williams served as staff economist at the nonpartisan Tax Foundation, authoring numerous tax policy studies.

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The Squeaky Wheel Gets the Grease

Commentary by Cristina Arnold, Regional Vice President, New Mexico Business Coalition

The Roswell Healthcare Solutions Group recently met at Eastern New Mexico Medical Center with legislators, community leaders and physician recruiters from the area, to discuss the current crisis of obtaining and retaining healthcare providers for Roswell and the surrounding communities.

The New Mexico Business Coalition (NMBC) joined the Healthcare Solutions group when we realized that not only is the lack of providers in our area a problem for the residents and business owners of Roswell, it is also affecting the community’s ability to attract companies that will provide jobs and revenue needed to impact economic growth in our area.

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NMBC Quoted by Energy and Environment News

In New Mexico, where at least 30 percent of the state's budget is driven by energy development, New Mexico Business Coalition estimated that the methane rule would close up 70 percent of the 30,000 wells in the state's northwestern corner.

"That would have a devastating impact," said Carla Sonntag, President and Founder of New Mexico Business Coalition.

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