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Senate approves corporate income tax change

February 14, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — The Senate has approved a proposal to lower New Mexico’s corporate income tax rate but change the tax treatment of large corporations with income from operations nationwide. The measure passed the Senate on a 28-13 vote on Monday and was sent to the House. Sen. Peter Wirth, D-Santa Fe, says [&hellip...

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Legislature approves anti-corruption proposal

February 14, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — A proposal is heading to Gov. Susana Martinez to toughen penalties for elected officials convicted of public corruption. The measure allows for a fine equal to the salary, pension and other fringe benefits paid to the official from the...

House OKs tax exemption for military retirees

February 14, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — The House has approved a proposal to remove New Mexico’s income tax from military retirement payments. Supporters say the tax incentive will encourage military retirees to live New Mexico. The bill passed the House on a 58-10...

Obama budget puts Los Alamos facility on hold

February 14, 2012 • State NewsComments Off

ALBUQUERQUE, N.M. (AP) — The budget proposal put forth by President Barack Obama on Monday could spell the beginning of the end for the planned construction of a $6 billion plutonium research laboratory that critics have long billed as an unnecessary...

Roads improving in northern New Mexico

February 14, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — Road conditions in northern New Mexico are improving. The state highway department reports fair conditions on New Mexico State Highways 434, 38, 120 and U.S. 64. A few icy spots do remain and drivers are urged to slow down and drive...

1 of 2 cousins sentenced in federal murder case

February 14, 2012 • State NewsComments Off

ALBUQUERQUE, N.M. (AP) — A northwest New Mexico man has been sentenced to 10 years in prison for second-degree murder. The U.S. Attorney in Albuquerque says 36-year-old Darnell Begay was sentenced Monday. Begay and his 35-year-old cousin Tyrus Begaye each...

Wild hogs threaten New Mexico's ecosystems, farms

February 13, 2012 • State NewsComments Off

CLOVIS, N.M. (AP) — State and federal officials say feral pigs are ravaging eastern New Mexico’s range and farmland. An astonishing reproductive rate has seen hogs spread to 17 of New Mexico’s 33 counties in just seven years. The wild swine have...

Santa Fe Catholic school may drug test students

February 13, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — A private Catholic high school is Santa Fe is considering random drug testing for its students as a way to deter drug use. A proposal to implement the testing in the fall was recently emailed to parents of St. Michael’s High...

NM House OKs educational pension solvency bill

February 13, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — A proposal to shore up a pension program for public school employees and higher education workers in New Mexico cleared the House on Saturday, but there’s a disagreement among lawmakers and unions over what should be done to...

House approves tax credit for hiring veterans

February 13, 2012 • State NewsComments Off

SANTA FE, N.M. (AP) — The House has approved a bill backed by Republican Gov. Susana Martinez to provide a tax break for businesses that hire veterans who recently left the military. Businesses could get a $1,000 tax credit for hiring a veteran who was...