N.M. Legislature Passes Bipartisan Budget to Invest in New Mexico’s Economy

N.M. Legislature Passes Bipartisan Budget to Invest in New Mexico’s Economy

Santa Fe, N.M. – Today, the New Mexico House of Representatives and Senate voted to send the budget to Governor Martinez after a bicameral, bipartisan budget conference committee met. Appointed to the committee by House Speaker Brian Egolf were Reps. Patty Lundstrom (D-Gallup), George Dodge (D-Santa Rosa), and Larry Larrañaga (R-Albuquerque). The conference committee was created to work out differences between the House and Senate budgets.

The 2019 Fiscal Year budget includes a total of $6.32 billion in funding that will invest in public schools, increase support for job training and economic development, boost teachers’ salaries, ensure the judiciary is properly funded, support public safety measures, fund roads and infrastructure projects across the state, and backfill agencies that have experienced cuts.  

“This bipartisan budget has now been agreed upon by the House and Senate and heads to the governor. This budget focuses on diversifying the economy and allowing local communities to thrive, while also addressing crime and public safety” said House Appropriations and Finance Committee Chair Patty Lundstrom (D-Gallup).

“This budget invests in priorities and initiatives that are needed across the state. From repairing our roads to investing in good-paying jobs, our budget is an outline of more than just spending – it’s an outline of priorities that all New Mexicans share,” said Rep. George Dodge (D-Santa Rosa). 

The House and Senate both adopted the Conference Committee report. The budget now heads to the Governor’s desk.