Legislative Roundup
SFNM News:
PERA bill: A key House panel approved legislation on Friday that aims to erase the state pension system’s $6.6 billion unfunded liability. After clearing the full Senate earlier this week, Senate Bill 72, sponsored by Sen. George Muñoz, D-Gallup, was passed 11-4 by the House Appropriations and Finance Committee and now heads to the House floor.
Under the proposed model, annual cost-of-living adjustments would range between 0.5 percent and 3 percent, depending on investment returns, rather than the 2 percent annual raises retirees currently get.
The bill, Read More
House Appropriations and Finance Chair Patricia Lundstrom
Legislative Roundup



Rep. G. Andrés Romero
Lobbyist Scott Scanland