NM Legislature

Martinez signs two budget bills from special session
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Gov. Susana Martinez signed two budget bills that the Legislature passed during the recent, contentious special session. One of those bills will move money from various funds to the general fund to pay for the budget deficit for both the fiscal year that ended in June and the current fiscal year. The bulk of that money comes from the tobacco settlement permanent fund. Martinez signed the bill without any line-item vetoes. The other bill deals with tax credits.