The Chamber released a special edition of the Legislative Roundup this week covering the July meeting of the interim Legislative Finance Committee, which took a hard look at the impact of the COVID-19 pandemic and disruption in energy markets on the state’s revenue projections and what will be required to deliver a balanced budget in next year’s […]
This past Saturday, Chamber President and CEO Terri Cole joined Albuquerque Mayor Tim Keller at a press conference announcing supports for local restaurants, speaking about the Chamber’s mask awareness campaign and the need to support local businesses that are “hanging by a thread” during the COVID-19 pandemic. The mayor announced expanded outdoor seating options at
The Chamber last week launched a campaign to raise awareness about the importance of wearing masks in public, making a clear connection between this common-sense public health measure and the economic well-being of our state. Centered around a simple, straightforward slogan — “Wear a Mask. Bring Business Back.” — the campaign has been adopted and
In their final hearing before the summer recess, Albuquerque’s City Council acted on two controversial proposals placing further requirements on business owners already struggling to recover from the COVID-19 pandemic, while withdrawing (for now) yet another paid leave proposal for possible future action. Most significantly, the Council rejected an ordinance that would have required many
It took an extra day or two longer than expected, but the special legislative session called to address the budget woes brought on by both the ongoing COVID-19 pandemic and the spring shock to energy prices reached agreement on a series of cuts, clawbacks, and “sanding” of agency budgets and appropriations to reduce the state
The U.S. Chamber of Commerce has updated its guidance document on securing forgiveness for federal Paycheck Protection Program loans to reflect new flexibility provided to employers in the latest legislation passed by Congress. For more information on applying for a PPP loan or further information on repayment and forgiveness, click here for the Treasury Department’s resources and guidance.
