[LWVNM Action] LWVNM Legislative Tracking sheet - Final

[Meredith Machen]

What a good session it was! Social policy advancements and poverty
alleviation won big time.
Many educators are relieved that she vetoed HB126 reducing the number of
credits required for graduation, especially since instructional hours were
increased.
Folks will debate a few of the vetoes,  but MLG knows that the level of
expenditures authorized this session required her to protect the budget and
reject unsustainable tax cuts.Front and center is her understanding that
record oil and gas revenues will not be available in the future because we
are draining the Permian Basin so fast.

Thanks so much for organizing our efforts.

On Fri, Apr 7, 2023 at 10:23 PM Richard Mason via Action <
action at mailman.swcp.com> wrote:

> The deadline for the Governor signing is bills  past. Attached is the
> final tracking sheet. *Overall a very successful session for League
> priorities.*
>
> The Governor line-item vetoed much of HB547 - Omnibus Tax Bill, but left
> the Child Tax Credit increase intact - a LWVNM priority
>
> The Governor said she was concerned about the cost of the package and that
> it may lead to reductions in funding for vital services if oil & gas
> revenues go down - a legitimate concern.
>
> But why did she line-item items in HB547 like the Corporate Income Tax
> minimum tax. the reduction in the capital gains deduction and the increases
> in alcohol and tobacco taxes. They were revenue generators. Seems she gave
> into lobbyist pressure.
>
> She also line-item vetoed all environmentally favorable tax credits..
>
> Dick Mason
>
> _______________________________________________
> Action mailing list
> Action at mailman.swcp.com
> https://mailman.swcp.com/cgi-bin/mailman/listinfo/action
>
-- 
Meredith Ross Machen
505-577-6337
Meredith.machen at gmail.com
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://mailman.swcp.com/pipermail/action/attachments/20230407/9c65cfa3/attachment.htm>