Line
Reining in Short-term Lenders
March 5, 2021 – The state Senate signed off on a bill this past week that would cap the rate for short-term loans – often called “predatory” lending – at 36 percent. New Mexico’s current cap of 175 percent is one of the nation’s highest, despite going into place just four years ago. With almost…
Read MoreRecreational Cannabis
March 5, 2021 – A handful of bills that take different paths to the legalization of recreational marijuana use (and cultivation) in New Mexico await a hearing in the Senate Taxation, Business and Transportation Committee at the Legislature. After already having passed the House, one measure seems the likely favorite, but legalized marijuana is far…
Read More