Governor Martinez set to sign tax incentives bill

ALBUQUERQUE (AP) – New Mexico Gov. Susana Martinez is expected to sign a tax incentives bill recently passed by lawmakers during a special session.

Her office said Monday the Republican governor will sign the legislation at the Bioscience Center in Albuquerque.

The measure will renew and expand roughly a half-dozen tax incentives already on the state’s books and create at least two new tax breaks.

For example, it expands a tax credit for investments in New Mexico-based startup companies.

Last week, the GOP-controlled House and the Democratic-led Senate raced through a four-hour special session following an agreement that called for a compromise on capital spending.

The tax incentives measure was among the three pieces of legislation that both chambers passed. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

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