FOR IMMEDIATE RELEASE
Contact: Justine Freeman
(505) 986-4721
Justine.Freeman@nmlegis.gov
www.nmsenate.com
Leveling the playing field for all New Mexicans
What: Senate Leadership Discussion with media and the public
When: Thursday, March 7, 2013, 10 a.m.
Where: State Capitol Room 326
Who: Senate Majority Floor Leader Michael S. Sanchez,
Senate Majority Whip Tim Keller, Majority Caucus Chairman Jacob Candelaria,
Senate Conservation Chairman Peter Wirth, Senator Daniel Ivey-Soto,
Senator Benny Shendo
SANTA FE –Senate Democrats are responding to the influence of out-of-state special interests in New Mexico with proposed legislation that seeks to instill fairness in our economy and elections.
Senate Democrats will discuss the need to close tax loopholes that allow large out-of-state corporations to benefit on the backs of small, local businesses. Policy makers are calling for a comprehensive tax system, instead of risking death-by-a-thousand cuts, the plan implemented by the administration. Senator Tim Keller said, “With over 400 loopholes, our tax policy looks like Swiss cheese. We must modernize our tax system to set the stage for growth and make funds available for programs like education.”
Out-of-state special interests also benefit from elections and campaign financing laws in New Mexico. With each election cycle, the influence of outside money becomes more prominent. New Mexicans deserve transparency in campaign financing and to have their voting rights protected.
“A key proposal in one of my bills is the definition of coordination between Super PACs and candidates. It also provides more clarity in terms of disclosing donors. We saw the lines blurred last cycle,” Senator Peter Wirth said. “While we can’t prevent Super PACs from spending unlimited corporate dollars, we can prevent coordination with campaigns and require them to disclose donors. This allows voters to make informed decisions at the polls.”
Join key Senate Democrats for an unscripted discussion about these pressing issues.
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