Current:Home > ScamsNew Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers -PrimeWealth Guides
New Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers
View
Date:2025-04-18 00:58:42
SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham is embracing major initiatives designed to rein in violent crime, boost access to affordable housing and address concerns about climate change and drought at the outset of a 30-day legislative session.
The second-term Democratic governor is scheduled to deliver her State of the State speech Tuesday at the opening of a session that determines spending priorities for the coming fiscal year amid a multibillion-dollar surplus in general fund income.
The state expects to draw in a record-setting $13 billion during the fiscal year that starts July 1 — exceeding annual spending obligations by nearly one-third.
Leading Democratic legislators are calling for a restrained increase of 5.9% in annual general fund spending totaling $10.1 billion, warning of a slowdown in surging income linked to oil and natural gas production. They want to dial back on borrowing for construction projects, while expanding savings and endowments to help sustain critical government programs in the future.
Lujan Grisham is recommending a more robust annual spending increase of nearly 10%. Her new spending priorities include a $250 million plan to expand down payment assistance and $40 million to launch a statewide effort to reduce homelessness.
On Friday, Lujan Grisham outlined a broad package of public safety initiates designed to address gun violence, panhandling, retail crime and hazing. Gun-control proposals would increase the wait period for background checks, restrict features on assault-style rifles that make them more deadly, and raise the minimum age to 21 for purchases of semiautomatic rifles and shotguns.
Republicans in the legislative minority are cautioning against legislation that might infringe on gun rights, while supporting changes to the state’s pretrial detention system that would give authorities more leeway to incarcerate some defendants pending trial.
New Mexico overhauled the system, starting in 2017, to eliminate money-bail and ensure dangerous individuals can be jailed pending trial.
Answering to concerns about climate change and fossil fuels, Lujan Grisham wants the state to provide tax credits toward the purchase of electric vehicles. Another proposal would underwrite development of a strategic new source of water for industrial uses — harnessing treated water that originates from the salty byproducts of oil and natural gas drilling.
The entire Legislature is up for election in November.
veryGood! (2775)
Related
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Taylor Swift's 'The Eras Tour' dances to No. 1 at the box office, eyeing 'Joker' film record
- A mountain lion in Pennsylvania? Residents asked to keep eye out after large feline photographed
- Californians plead guilty in $600 million nationwide catalytic converter theft scheme
- The company planning a successor to Concorde makes its first supersonic test
- Polish election marks huge win for Donald Tusk as ruling conservatives lose to centrist coalition
- How Christina Aguilera Really Feels About Britney Spears' Upcoming Memoir
- UN Security Council meets to vote on rival Russian and Brazilian resolutions on Israel-Hamas war
- Trump's 'stop
- Retail sales rise solid 0.7% in September, reflecting US shoppers’ resilience despite higher prices
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Justice Barrett expresses support for a formal US Supreme Court ethics code in Minnesota speech
- How Christina Aguilera Really Feels About Britney Spears' Upcoming Memoir
- M&M's Halloween Rescue Squad might help save you from an empty candy bowl on Halloween
- What do we know about the mysterious drones reported flying over New Jersey?
- Montana judge keeps in place a ban on enforcement of law restricting drag shows, drag reading events
- Wisconsin Republicans admit vote to fire elections chief had no legal effect
- New York City limiting migrant families with children to 60-day shelter stays to ease strain on city
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
2028 Los Angeles Olympics adds 5 sports including lacrosse, cricket, flag football
Police search for suspected extremist accused of killing 2 Swedish soccer fans on a Brussels street
Choice Hotels offers nearly $8 billion for larger rival Wyndham Hotels & Resorts as travel booms
South Korean president's party divided over defiant martial law speech
After Goon Squad torture of 2 Black men, Mississippi sheriff trying to escape liability
Trump set to return to the civil fraud trial that could threaten his business empire
Wisconsin Assembly set to approve $545 million in public dollars for Brewers stadium repairs