New Mexico House Democrats Protect Important Funding for Local Communities

New Mexico House Democrats Protect Important Funding for Local Communities

Democrats Defeat Republican Proposal to Gut Economic Development Funding 

Santa Fe, NM– The New Mexico House Democrats tabled a Republican amendment that would have gutted this year’s capital outlay funds by over $63 million, the maximum amount possible to grab from the fund. At least $10 million of the proposed amount is intended for ongoing projects, including the Indian Water Rights settlements.

“We cannot afford to stop these critical ongoing projects midstream,” said Rep. Bill McCamley (D-Mesilla Park). “Capital outlay projects serve important needs in our communities, such as the purchase of emergency vehicles, education technology, security equipment for our courts, and construction and upkeep of senior citizen centers.”

The House is in session today debating bills that compose a solvency package to ensure that the state meets its constitutional requirements to cover its fiscal year spending with current revenues.

“House Democrats tried for two years to keep New Mexico out of this dire situation,” said Majority Leader Sheryl William Stapleton (D-Albuquerque). “We proposed responsible budget alternatives and measured tax reform proposals to keep us out of this financial abyss.”

The House Democrats tabled the amendment to House Bill 5 because capital outlay projects create jobs all over New Mexico while funding necessary infrastructure needs in almost every county for senior centers, colleges, universities, parks, and roads.

The amendment was defeated by a vote of 36-30. The House remains in session as of this release. Any bills passed in the House today will be sent to the Senate for concurrence.