Heinrich anti-energy bill will keep New Mexico ‘dependent on Washington’

Pinion Post ^ | May 14, 2021 | John Block

[Texas Fossil]

On Thursday, it was reported that Democrat Sen. Martin Heinrich is planning to introduce “a revenue replacement bill” next week which “would provide a predictable transition for states, counties, and tribes and give those governments time to transition their budgets to more sustainable and reliable sources of revenue,” according to the Santa Fe New Mexican.

“The bill sets a baseline mineral revenue amount for each fiscal year based on a historical average of federal mineral revenue, declining by 5 percent each year,” a news release states. “If the regular mineral revenue payment to a state, county, or tribe would fall below the baseline amount for that year, an ‘energy transition payment’ would be provided to make up the difference between the actual mineral payment and the calculated baseline.”

Embattled Democrat Gov. Michelle Lujan Grisham, who was accused and later settled with $62,500 in campaign funds for sexual assault, applauded the proposal, writing, “This legislation would establish the kind of support we need to ensure our state revenues are protected as we continue to implement the important work of diversifying and expanding New Mexico’s economy,”

She added, “I look forward to working with the senator and all of New Mexico’s delegation to get this proposal across the federal finish line.”

Far-left Democrat Rep. Javier Martínez also applauded the radical anti-energy proposal, writing, “I think what the senator is going to be proposing really provides us with a thoughtful revenue bridge, if you will, as that transition happens.” He added, “What happens to state revenues? What happens to funding for schools, funding for infrastructure? And I think that the senator’s plan really provides us with that alternative.”

“The global energy landscape is undergoing a massive transformation, and states like New Mexico need to be ready,” Heinrich told The New Mexican.

[Texas Fossil]

I know about Jeff Binghman, He beat a friend of mine when he first got into office. Heinrich was the one who replaced him.

All I can say, "The Left is truly Insane".

And everything they touch fails miserably.

Poor New Mexico (I lived there from 1973-1986)

[Texas Fossil]

NM Ping List?

[Richard Axtell]

Let’s Make New Mexico California. If not “again” then for the rest of the century. Just fly over country, who cares?

[DIRTYSECRET]

Will Biden energy policy pay off and get republicans elected? It didn’t stop him from winning the state. Heinrich is lucky. He’s young and will have that seat for a long time. He can make life plans. He can live the good life in DC + in a beautiful state. Gotta hand it to him.

[Texas Fossil]

I liked living in NM.

Lots of Lefties, but lots of open space too.

[CedarDave]

NM list PING!

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[LegendHasIt]

Thanks for the ping.

More idiocy.

I guess what that ‘word salad’ means is that as they intentionally destroy the mining, oil and gas industries in New Mexico (and the rest of the west), they want the Federal Government (the taxpayers) to make up the difference in what those governmental entities would have received through taxes, lease payments, etc if they had just let productive industries continue to produce..

[Texas Fossil]

Thank you.