2009 SB 420 Severance Tax Investment in Green Industries

CVNM Position:
Support
Year:
2009
Sponsors:
Eric Griego
Topics:
Energy & Climate Change
Legislative Info:
SB 420 on nmlegis.gov »

Description

SB420 promotes state investment in New Mexico’s green industries by authorizing the State Investment Council to invest up to 6% of the market value of the Severance Tax Permanent Fund in qualifying companies.

Outcome

Defeated in the House.


How Legislators Voted on SB 420


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