Gov. Michelle Lujan Grisham signed a bill on Friday that will provide New Mexicans with payments up to $1,000.
HB 2, which the Legislature passed earlier this week during a special legislative session, uses $698 million to provide $500 to single tax filers and $1,000 to joint filers. The legislation will also use $20 million to provide relief, on a first-come, first-served basis, to those who did not file income taxes.
“Today I am glad to enact legislation easing the burden of high national prices, putting money in New Mexicans’ pockets and protecting their paychecks,” Lujan Grisham said.
Lujan Grisham also signed SB 1, which will set aside $50 million for community projects around the state. Referred to as a “junior” spending bill, SB 1 was the second attempt of a bill that the Legislature passed during the 30-day session earlier this year, but that Lujan Grisham pocket vetoed.
Both bills come on the heels of a bill that the Legislature passed during the 30-day session and the governor signed that will provide up to $1,500 in relief to New Mexico households to counter increased gas prices.