For the fifth year in a row, New Mexico legislators are bringing back the Paid Family Medical Leave Act (PFMLA), hoping this is the year it finally passes. At NMBC, we’re hoping for the opposite! Here’s the deal: PFMLA would allow employees to take up to 12 weeks of paid leave to care for themselves, a sick family member, or other personal needs. Sounds nice on the surface, right? But let’s break down the reality: Employees would have part of their paycheck deducted to fund this program. Employers would also have to contribute, creating more financial stress and other burdens. If an employee takes the leave, the employer would have to figure out how to cover their absence for up to 12 weeks—often with no guarantee the replacement won’t take

In 2024, polls consistently showed that New Mexicans are highly concerned about public safety and the rising crime rates across the state. As we go into the 2025 Legislative Session, both parties seem to have different takes on how to solve this issue. In a conference this past Friday, the majority party shared that they plan to focus on behavioral health initiatives to prevent crime and want to create more CYFD offices to prevent child abuse within the organization. While both are good initiatives that can lead to positive outcomes in our state, they still don’t fully address the top concern that New Mexicans have, which again, is public safety. Read more about their priorities HERE. Meanwhile, on Tuesday evening, the minority party introduced their 4-step plan for the session.

NMBC wants to remind business owners/principles of the obligations within the Corporate Transparency Act (CTA), which took effect in 2024. The CTA, part of the Anti-Money Laundering Act of 2020, introduces new obligations for many businesses to disclose beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN). The good news is filing is performed electronically. The bad news is deadlines for many are fast approaching and fines for failing to comply are extensive. Key Points of the CTA: Reporting Requirements: Certain companies must report information on individuals who have substantial control or own at least 25% of the company. This includes their name, address, date of birth, and a unique identifying number from an acceptable identification document including a copy of the document to upload as part of the

Early voting is underway until Saturday, November 2, and Election Day is on Tuesday, November 5. If you are unable to vote today or tomorrow, Tuesday will be your last chance! Voting is a powerful way to make your voice heard and influence the future of our state. With nearly 1/2 of our population dependent on Medicaid and other tax funded programs, New Mexico is at a crossroads. Now is the time to stand up for the principles that will strengthen communities and safeguard individual freedoms. Get your sample ballot and see voting locations HERE. Here’s why your vote matters: Protect Personal Freedoms: Government growth and regulatory overreach is threatening the freedoms that every individual deserves. New Mexico needs leaders who will work to reduce crime, stop overspending that causes