New Mexico Senate Democrats

www.nmsenate.com
For Immediate Release Contact : Angie Poss 505-720-5128 Senate Democrats Unveil Jobs Plan The Senate Democrats met this morning to outline their legislative plan for sustained job creation in New Mexico. This plan focuses on both immediate and long-term measures. The plan was presented to the public by Senate Majority Leader Michael S. Sanchez (Dist. 29), President Pro Tem Mary Kay Papen (Dist. 38), and Senate Majority Whip Tim Keller (Dist. 17). The House of Representatives and the bill sponsors listed below were also present.
Resource allocation to create jobs on public works and infrastructure projects
o Senate Bill 60 Sponsored by Senator Carlos Cisneros (Dist. 6.) Severance Tax Bond Projects will invest more than two hundred million in projects statewide.

Four pronged focus on development and growth

o Film Senate Bill (not yet introduced) to be sponsored by Senator Phil Griego (Dist. 39) to remove cap on film incentives and increase the number of jobs created by the film and television industry in NM. Technology Senate Bill 240 Sponsored by Senate President Pro Tem Mary Kay Papen (Dist. 39) Spaceport Informed Consent. Senate Bill 42 Sponsored by Senator Linda Lopez (Dist. 11), Statewide Certified Business Incubators, cost/benefit ratio of $57.49 for every $1 of state funding. Energy - Senate Bill Sponsored by Senator Bill Soules (Dist. 37), Sustainable Energy Tech Tax Cred. House Bill 85 sponsored by Rep. Brian Egolf (Dist. 16) Geothermal Resource Leasing, House Joint Memorial 10 Sponsored by Rep. Stephanie Garcia Richard (Dist. 24) Renewable Energy Storage Incentives. Value Added Agriculture - House Bill 56 Statewide Cohesive Food Infrastructure sponsored by Rep. Ernest Chavez (Dist. 5).

Year-round focus on job creation and cooperation between Legislators and interested parties
o Create an Interim Job Council - Sponsored by Senate President Pro Tem Mary Kay Papen (Dist. 38) and Speaker of the House Rep. Ken Martinez (Dist 42). Council to be composed of Legislators, University, Labs, Industry and Labor Leaders.
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