New Mexico Sun

Regulation News

Southwest Public Policy Institute links 36% APR cap to illicit emergency credit
Regulation

The Southwest Public Policy Institute (SPPI) has announced that New Mexico's 36% annual percentage rate (APR) cap on small-dollar loans has led vulnerable borrowers to seek illicit emergency credit through unlicensed payday advances offered by...

Southwest Public Policy Institute: Lack of legal credit options drives rise in illicit payday advances
Regulation

The Southwest Public Policy Institute (SPPI) has reported that overregulation in New Mexico's credit market has resulted in unlicensed payday advances by Positive Outcomes, Inc. Employees have been driven into exploitation due to a lack of legal...

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Rep. Block: Why does Sen. Sharer want 'to raise taxes 20% on alcohol?'
Regulation

John Block, a House Representative from New Mexico, said that the Senate GOP leadership mirrors the Governor's policies on daycare, taxes, and impeachment.


Rep. Lord: Sen. 'Sharer is moonlighting as a spin doctor' and claims New Mexico is a 'national success story'
Regulation

Stefani Lord, a House Representative from New Mexico, has criticized State Senator Bill Sharer for his support of higher alcohol taxes and alignment with Governor Michelle Lujan Grisham's agenda.


Rep. Dow on New Mexico's new transgender care law: 'They’re not even trying to hide it anymore'
Regulation

Rebecca Dow, a House Representative from New Mexico, said that current laws allow and fund transgender care for minors of all ages without parental notification starting at age 14.


Sen. Sharer on healthcare: ‘We have been fighting to support our state’s vital healthcare providers’
Regulation

William "Bill" Sharer, the Senate Republican Leader for the New Mexico State Senate, has attributed rising insurance rates and the loss of healthcare providers in New Mexico to trial lawyers and Democrat-aligned groups.


Sen. Thornton: HR 1 'is not fiscal conservative'
Regulation

Ant Thornton, Senator of New Mexico, said that HR 1 does not reduce the deficit but defended its tax relief measures as beneficial for working-class citizens in New Mexico.


Rep. Dow on federal tax plan: 'Deduction for auto loan interest'
Regulation

Rebecca Dow, a house representative from New Mexico, said that federal budget changes will impact local tax policy through new deduction limits, tax exemptions, and inflation adjustments.


Sen. Thornton on fiscal policy: 'The budget deficit will continue to grow'
Regulation

Ant Thornton, Senator of New Mexico, said that politicians from both parties have failed to address the growing budget deficit by relying on money printing instead of reducing spending.


State Rep. Lord on party divisions: I'll keep 'fighting for what's right and standing up for the people'
Regulation

Stefani Lord, House Representative of New Mexico, expressed her belief that the return of a colleague undermines her party's unity.


NMBC releases 2025 legislative scores based on business priorities
Regulation

The New Mexico Business Coalition (NMBC) has released legislator scores for the 2025 session, evaluating lawmakers based on business-related priorities set at the session's outset.


State Rep. Lord: Hillary Clinton is a 'hypocrite' for her comments about Republicans
Regulation

Stefani Lord, house representative of New Mexico, said Hillary Clinton’s criticism of Republican women was hypocritical given her past treatment of sexual assault allegations.


NM House Republicans request medical malpractice reform in committee work plan
Regulation

New Mexico House Republicans have sent a letter to Chairwoman Liz Thomson, requesting the inclusion of medical malpractice reform and additional healthcare policy priorities in the Interim Legislative Health and Human Services Committee’s summer...


State Sen. Sharer: Proposed heat rule 'is only going to take time and resources away from employees'
Regulation

Bill Sharer, Senate Republican Leader of New Mexico State Senate District 1, said in a press release that the New Mexico Environmental Improvement Board's proposed heat-related workplace regulations would impose unnecessary burdens on vital...


OPINION: Medicaid reform/federal cuts long overdue
Regulation

Gov. MLG recently went on the TV show Face the Nation to decry potential cuts to Medicaid. She even claimed the reforms would “destroy health care as we know it.”


State Rep. Block on China trade deal: 'We must stop being taken for a ride by countries like China'
Regulation

John Block, House Representative of New Mexico, said that the China trade agreement reflects the success of Trump-era tariffs and signals a stronger U.S. approach to international trade.


OPINION: Craziness in Las Cruces
Regulation

Political efforts to curtail gas supply and demand have met with limited success.


State Rep. Block: 'Our tax dollars are going to leftist propaganda that trashes voter integrity measures'
Regulation

John Block, a state representative for New Mexico's District 51, expressed concerns over taxpayer-funded content from MTO, which he claims promotes partisan messaging against voter integrity measures and misleads the public about proposed election...


Rio Grande Foundation President on New Mexico's population decline: 'It's 110% on our political leadership'
Regulation

Paul Gessing, President of the Rio Grande Foundation, expressed concerns in a podcast with NMSunCast about New Mexico's political leadership and its policies, which he believes are driving residents to neighboring states.


States ranked on economic competitiveness in new ALEC report
Regulation

The American Legislative Exchange Council (ALEC) has released the 18th edition of its annual report, "Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index."