May 4, 2017

 
New Mexico pays out millions of dollars in tax incentives each year, but a new report says the state falls short of regularly analyzing whether it gets the intended results.
 
The Pew Charitable Trusts study, “How States are Improving Tax Incentives for Jobs and Growth,” lauds work performed by the New Mexico Legislative Finance Committee and its staff but says lawmakers and the Governor’s Office need to be more rigorous in designing a regular cycle of analysis and writing it into law. -- 5/4/2017