Legislative Roundup
SFNM
Predatory lending bill advances: Legislation that would cut the maximum annual interest rate on small loans from 175 percent to 36 percent cleared the Senate Tax, Business and Transportation Committee on a 7-4 party-line vote, with Democrats voting in favor.
In addition to capping small-loan interest rates at 36 percent, Senate Bill 66 would raise the loan amount regulated by the law from $5,000 to $10,000, a move designed “to prevent lenders from sidestepping the law by lending just over $5,000,” according to Think New Mexico, a Santa Fe-based think Read More














Young bucks test their fighting skills Wednesday near North Road. Photo by Jenn Bartram/ladailypost.com
A close-up shot reveals the buck on the right is missing its left antler. Photo by Jenn Bartram/ladailypost.com
