SANTA FE, New Mexico (KRQE) – That is the final week of Legislative session. Lawmakers nonetheless have a couple of steps to take earlier than the top of the session on March 20.

Listed here are the invoices that we’re monitoring on March 15, 2021

Senate Invoice 102 – Daylight Saving Time

• Senate Invoice 102 would set the mountain time zone as everlasting daylight saving time for New Mexico if and when federal legislation is handed.

Senate Invoice 66 – Permitted Proportion Charges for Loans

Listed here are the payments that Governor Michelle Lujan Grisham has signed up to now:

Senate Invoice 1 – Tax Deduction on Gross Receipts for Eating places

Senate Invoice 1 will create a $ 600 tax credit score for individuals who earn lower than $ 31,200 per yr and in addition declare the working household tax credit score. It additionally offers a short gross income tax break for companies similar to eating places, breweries, meals vehicles and wineries for 4 months in 2021. Companies might pocket that gross sales tax cash whereas l The state would reimburse the native authorities for the lack of this tax income. .

Senate Invoice 2 – 2021 Liquor License Payment Waiver

The laws will enable the state to waive annual alcohol license charges as companies battle to bounce again amid the pandemic. The governor stated the meals and beverage business is a key a part of the state’s economic system. By legislation, the following annual charge for renewed liquor licenses and for all new licenses issued this yr can be waived.

Senate Invoice 3 – Small Enterprise Takeover Act

The invoice will present greater than $ 460 million in low-interest loans. It will additionally make it simpler for small and medium-sized companies to obtain as much as $ 75,000.

Senate Invoice 10 – Prohibition of Abortion

Senate Invoice 10 repeals a 1969 legislation that criminalized abortion in New Mexico. The criminalization of abortion grew to become state legislation within the late Sixties, however the Supreme Courtroom ruling Roe vs. Wade made New Mexico’s abortion ban unenforceable. Since then, abortions have been authorized in our state.

Governor Lujan Grisham has stated {that a} lady has the appropriate to make choices about her personal physique. “Anybody who seeks to violate bodily integrity, or to criminalize femininity, is partaking in dehumanization. New Mexico isn’t on this enterprise – not anymore. Our state statutes now mirror this inviolable recognition of humanity and dignity. I’m extraordinarily grateful to the tireless advocates and lawmakers who relentlessly fought disinformation and worry to make at the present time a actuality. Equality for all, equal justice and equal therapy – that is the norm. And I’m proud to steer a state which, right this moment, has come near this normal. “

Inner Invoice 11 – TSO and everlasting funds for LEDA tasks

Inner invoice 11 will present $ 200 million from the overall state fund to 1000’s of companies that skilled declining revenues in 2020. The invoice may also present particular person grants of as much as $ 100,000 with out reimbursement to companies for the compensation of lease, lease or mortgage obligations on property situated in New Mexico.

Among the many tips:

• Corporations should function in New Mexico with fewer than 75 staff per location;
• Corporations should exhibit a lack of income for at the very least one quarter between 2019 and 2020;
• The financing is for use for the compensation of lease, mortgage or lease obligations;
• The subsidy have to be accompanied by job creation for every quarter previous one of many quarterly funds; and
• Grants can be paid in quarterly installments.

Inner Invoice 1 – Feeds Invoice

Invoice 1 offers for a collection of appropriations from the Common Fund to cowl the bills of the 2021 session of the Legislative Meeting.