Tax Heroes, Zeroes & Roundhouse Update

Protect our Permanent Funds: Rep Harper is co-sponsoring HB 236, along with Senator Carlos Cisneros, a bill that will start the process of decreasing bonding capacity and thus increasing the amount of money that is put into the state’s Severance Tax Permanent Fund. This is important because over the past 10 years, legislators have taken the percentage of bonding capacity to the unsustainable level where 95% of Severance Tax revenue is used for capital projects and only 5% is used to keep the fund going.

Call to Action, Protect our Severance Tax Permanent Fund: HB 236 REDUCE SEVERANCE TAX BONDING CAPACITY will be heard in the House Ways and Means Committee, tomorrow, 2-10-14, beginning at 1:30 pm.

Zero Good for Working Families – County Elected Officials Determined to Raise Taxes: LAS CRUCES AREA: The Board of County Commissioners for Dona Ana County put notice of a Gross Receipts Tax increase on the agenda for tomorrow, 2-10-14. If you’d like to let the commissioners know your thoughts on a tax increase, HERE is the contact information for Dona Ana County Commissioners.

ALBUQUERQUE AREA: The Board of County Commissioners for Bernalillo County also plan to vote on a Gross Receipts Tax increase at the 2-17-14 meeting. If you’d like to let the commissioners know your thoughts on a tax increase, HERE is the contact information for Bernalillo County Commissioners.

Speak Up Now: Even though voters in both counties have said ‘NO,’ when asked about tax increases, these county commissioners plan to RAISE your taxes anyway. Now is a good time to communicate with these elected officials and remind them that working families do not need the burden of tax increases.

Employee Free Choice, Committee Action: The Employee Preference Act, HB 75, sponsored by Rep Roch, is scheduled to be heard by the House Judiciary Committee on Tuesday, February 10th, 1:30 PM, in Room 309. It is up to YOU to let legislators know that that HB 75 is an important employee fairness and economic development bill. Read more detail on the issue HERE.

Please contact the NMBC with any questions or comments at nmbiz@nmbizcoalition.org or (505) 836-4223.

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