This chart, prepared by the Legislative Finance Committee, shows the oil and gas revenue that would have been saved under this plan going back to 1986 had this rainy day fund been in place. Courtesy image
STATE News:
SANTA FE – The New Mexico House of Representatives overwhelmingly endorsed a proposal Tuesday night to establish a “rainy day” fund for surplus oil and gas revenue.
House Bill 191, sponsored by Rep. Larry Larrañaga (R-Bernalillo), would create an oil and gas stabilization reserve to save excess oil and gas revenues during boom years to cover revenue shortfalls during Read More













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