Current:Home > InvestNew Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers -AssetTrainer
New Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers
View
Date:2025-04-13 12:34:32
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! (84147)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- 3-year-old drowns in Kansas pond after he was placed in temporary foster care
- Nina Dobrev offers glimpse into recovery from dirt biking accident with new photos
- North Dakota US House candidate files complaints over misleading text messages in primary election
- A White House order claims to end 'censorship.' What does that mean?
- New Jersey governor announces clemency program to let some offenders seek early release from prison
- Biden unveils new immigration program offering legal status to 500,000 spouses of U.S. citizens
- These $14.99 Home Finds From Kandi Burruss Aren't Just Known in Atlanta, They're Worldwide
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- U.S. announces 7 POWs who died in World War II, 9 soldiers killed in Korea have been accounted for
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- California man charged with killing gay college student takes the stand
- Russian court sentences US soldier to nearly 4 years on theft charges
- Cameron Brink has torn ACL: Sparks rookie, 3x3 Olympian will miss Paris Olympics
- New data highlights 'achievement gap' for students in the US
- Ariana Grande Addresses Fans' Shock Over Her Voice Change
- Arizona governor signs budget into law after fierce negotiations to make up a massive shortfall
- We invited Harrison Butker to speak at our college. We won't bow to cancel culture.
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
We invited Harrison Butker to speak at our college. We won't bow to cancel culture.
Mom of transgender girl athlete says Florida’s investigation has destroyed her daughter’s life
More Musiala magic sees Germany beat Hungary 2-0 and reach Euro 2024 knockout stage
South Korean president's party divided over defiant martial law speech
Republicans block bill to outlaw bump stocks for rifles after Supreme Court lifts Trump-era ban
GOP lawmaker from Vermont caught on video repeatedly dumping water into her Democratic colleague's bag
Olympic Hopeful J.J. Rice's Sister Speaks Out After His Fatal Diving Accident