Business Advocacy

ADVOCACY UPDATE: Chamber Supports Avangrid Merger at PRC Hearing

The PRC held its first hearing on the proposed PNM merger with Avangrid earlier this week. GACC President and CEO Terri Cole was there to offer testimony in favor of the acquisition: “We should welcome Avangrid with open arms. It can provide a bridge to a cleaner, stronger economy,” she said. See the Chamber’s op-ed on …

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REOPENING: NM Set to Remove Restrictions TOMORROW

After 15 months of COVID-19 restrictions, New Mexico is leaving behind the Red-to-Green reopening framework. Though all 33 of the state’s counties have been operating at the least-restrictive Turquoise Level for weeks, the change marks the first time since March 2020 that businesses can truly operate normally if they choose. The reopening follows Governor Michelle …

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FEDERAL STIMULUS: Unemployment Fund Should Be First to Benefit from Flexibility

The next round of federal stimulus money – a cool $1.75 billion set to be deposited in New Mexico accounts this month – could have broad and flexible allowable uses, according to an Albuquerque Journal article this week. The state Legislature and Governor Michelle Lujan Grisham may still disagree over who has the authority to …

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RETURN-TO-WORK INCENTIVES: It’s Time for the Next Tool to Support Our Businesses

Over the weekend, the Albuquerque Journal reported that a recent study showed New Mexico tied for third-highest unemployment rate in the country at 8.2% last month. In the article, a University of New Mexico economist observes that the state’s unemployment rate is often on the high end of the national spectrum, and that our economy …

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GOOD NEWS FOR BUSINESSES: Work Search Requirement Restored for Unemployment

Last Sunday, the work search requirement to receive unemployment benefits was restored. Waived for nearly a year during the course of the COVID-19 pandemic – when sectors that depend on in-person visits saw jobs simply evaporate – the requirement means people must contact two employers each week to look for work in order to qualify …

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LEGISLATIVE RECAP: Unprecedented Virtual Session Passes a Record Low of Just 158 Bills

With the last of the Governor’s signatures and vetoes coming down last Friday, the 2021 regular session is (finally!) officially over. Here’s a quick look at what happened. The Good A package of short-term COVID-19 relief measures passed, creating a grant program to help businesses pay their rent or mortgage bills, retooling a low-interest loan …

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