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SB249: Free Up Industry’s Tax Funds To Clean Up Abandoned Wells

SB249: Free Up Industry’s Tax Funds To Clean Up Abandoned Wells

by Jim Winchester, IPANM Executive Director | Feb 5, 2024 | A FEATURED STORY, Financial Assurance, ISSUES, Legislative, News (Public Access), Taxes

Santa Fe New Mexican (February 5, 2024) – A bipartisan New Mexico Senate bill intended to unlock more state funding for the clean up of abandoned oil and gas wells was endorsed by industry leaders during the 2024 Legislative Session. Senate Bill 249, sponsored...
Lujan Grisham to Propose Gross Receipts Tax Cut

Lujan Grisham to Propose Gross Receipts Tax Cut

by Jim Winchester, IPANM Executive Director | Nov 18, 2021 | A FEATURED STORY, ISSUES, Legislative, News (Public Access), Taxes

ABQ Journal (November 17, 2021) – Outlining her priorities as she enters a critical election year, Gov. Michelle Lujan Grisham said she will propose a reduction in New Mexico’s gross receipts tax – a move intended to address a chronic weak point in the state’s...
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