Governor vows to veto both bills to raise state’s minimum wage
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One bill would have raised the minimum wage to $9 an hour, and the other called for an increase to $9.25. Continue Reading
Another bill to raise minimum wage goes to governor
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The bill would increase the state’s minimum wage to $9.25 an hour, up from $7.50 per hour. Continue Reading
Minimum-wage hike to $9 heads to governor
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The bill would increase New Mexico’s hourly minimum wage to $8.25 in October, then to $9 in April 2018. Continue Reading
Democratic Legislature should fight for real minimum wage increase
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We call on our state legislators to be courageous. Continue Reading
Bill to cap storefront loan interest rates advances in House
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The House Judiciary Committee on Thursday voted 9-1 in favor of capping interest rates at 175 percent on certain types of storefront loans. Continue Reading
Legislature must follow NM tradition of taking care of families
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Whether it’s a matanza, the offering plate at church, or paying taxes, New Mexicans will give what they can to lift up others. Continue Reading
Efforts to rein in storefront lending in danger
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A committee postponed a vote on the bill after House Speaker Brian Egolf asked the sponsors to eliminate an exception to the cap of 175 percent. Continue Reading
House votes to hike statewide minimum wage
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The state House of Representatives voted Friday night to raise the hourly minimum wage to $9.25, up from the current $7.50, in 2018. Continue Reading
Big money stands in the way of dismantling oppressive systems
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Under the current system, the debate isn’t about whether to continue robbing the poor. It’s about how much we’re going to take. Continue Reading
Senate OKs minimum wage hike to $9 an hour
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The legislation may represent the best chance in several years to raise the minimum wage. The Senate approved the bill in a 24-6 bipartisan vote. Continue Reading
Bill to cap storefront lending interest rates at 175 percent advances
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But its prospects are dim with two Senate committees and the House still ahead in the last weeks of the legislative session. Continue Reading
Senate committee OKs compromise minimum wage bill
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Agreement still seems elusive on how high the state’s minimum wage should go and what strings should be attached. Continue Reading
Legislature resists efforts to rein in payday loans
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Since 2010, at least 11 bills that would have capped interest rates on storefront lenders have met quiet deaths without ever making it out of their initial committees. Continue Reading
Latest attempt to cap storefront loans clears committee
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The bill would cap interest rates for many small storefront loans in New Mexico at 175 percent. Continue Reading
Compromise sought on payday loan interest rates
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A former state senator who is helping lead the fight against high-interest payday and other small loans said Monday that a bill to cap rates at 36 percent is dead. Continue Reading