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Home ยป Senate Indian and Cultural Affairs Committee

Tag: Senate Indian and Cultural Affairs Committee

Posted inEnergy, NM Legislature

Severance tax fund solvency bill clears Senate committee

by Matthew Reichbach March 10, 2015

A bill designed to address the solvency of the Severance Tax Permanent Fund passed the Senate Indian and Cultural Affairs Committee with no recommendation on Monday on a 4-2 vote. The legislation passed despite opposition from groups representing Native American tribes, which argued that the cuts to payments from the fund to the tribes would […]

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