Current:Home > NewsNew Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers -AssetBase
New Mexico’s financial surplus and crime set the stage for the governor’s speech to lawmakers
View
Date:2025-04-27 14:07:14
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! (6299)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- Which type of eye doctor do you need? Optometrists and ophthalmologists face off
- Iowa Alzheimer's care facility is fined $10,000 after pronouncing a living woman dead
- Zendaya, Anne Hathaway and Priyanka Chopra Are the Ultimate Fashion Trio During Glamorous Italy Outing
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- The Truth About the Future of The Real Housewives of New Jersey
- Your next job interview might be with AI. Here's how to ace it.
- See RHOBH's Kyle Richards and Kathy Hilton's Sweet Family Reunion Amid Ongoing Feud
- All That You Wanted to Know About She’s All That
- See RHOBH's Kyle Richards and Kathy Hilton's Sweet Family Reunion Amid Ongoing Feud
Ranking
- Federal hiring is about to get the Trump treatment
- 'All the Beauty and the Bloodshed' chronicles Nan Goldin's career of art and activism
- House Bill Would Cut Clean Energy and Efficiency Programs by 40 Percent
- Family caregivers of people with long COVID bear an extra burden
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Famed mountain lion P-22 had 2 severe infections before his death never before documented in California pumas
- Meet the self-proclaimed dummy who became a DIY home improvement star on social media
- Biden to receive AFL-CIO endorsement this week
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
The Impossibly Cute Pika’s Survival May Say Something About Our Own Future
Emotional Vin Diesel Details How Meadow Walker’s Fast X Cameo Honors Her Late Dad Paul Walker
Emotional Vin Diesel Details How Meadow Walker’s Fast X Cameo Honors Her Late Dad Paul Walker
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Midwest Convenience Stores Out in Front on Electric Car Charging
5 dogs killed in fire inside RV day before Florida dog show
In Tennessee, a Medicaid mix-up could land you on a 'most wanted' list