Sunday, March 20, 2011

Summary of 2011 NM legislative session

"A summary of developments in the Legislature's 60-day session, which ended Saturday.

Gov. Susana Martinez has until April 8 to sign or veto bills passed during the final stretch of the session.


Passed: Governmental task force to investigate natural gas outages; create energy conservation bonds; tax credit for biofuels produced from algae; expand scope of cost cap for utilities in meeting with renewable energy requirements; update abandoned mine reclamation law to remain eligible for federal funding; Renewable Energy Transmission Authority bonding changes.

Failed: Invalidate state regulations on greenhouse gas emissions; allow severance tax fund investments in New Mexico renewable energy projects; tax credit for converting vehicles to run on natural gas; define ownership rights in underground pore space that can be used for storage of carbon dioxide." More>>>>

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