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Sen. Smith not optimistic about special session deal
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Although “hope springs eternal,” state Sen. John Arthur Smith isn’t optimistic a special session will happen this year. “As of noon today, we’ve gotten no feedback from the executive branch,” Smith, D-Deming, and a key negotiator to any deal that would bring legislators back to Santa Fe to pass a capital outlay bill, told New Mexico Political Report Wednesday afternoon. Smith said if legislators can’t strike a deal before a creeping deadline of Monday, May 18, all bets are pretty much off. That’s because New Mexico’s next fiscal year starts July 1, and bond sales for state infrastructure projects need 30 days to advertise before then. If the legislature approves a new capital outlay late, Smith said the state will lose bond capacity on new projects outlined in a deal.