New law clarifies NM uranium enrichment tax break

Susana Martinez
Alamogordo Daily News - Gov. Susana Martinez has signed legislation to clarify a tax break New Mexico provides for a uranium enrichment plant in southeastern New Mexico. The change in law will ensure that the plant's utility customers won't be taxed if they sell a uranium compound before it is enriched. Utilities send uranium hexafluoride to the plant near Eunice for enrichment as part of a process for producing nuclear power plant fuel. Supporters say the original tax break was worded incorrectly. The new law makes clear the gross receipts tax doesn't apply to sales of uranium hexafluoride as well as the service of enriching uranium. The governor signed the legislation on Thursday. Martinez has until next Wednesday to sign or veto measures passed by the Legislature. Read More News New Mexico

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Debt Limit Commentary

The Quote of the Decade:
"The fact that we are here today to debate raising America 's debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government's reckless fiscal policies. Increasing America 's debt weakens us domestically and internationally. Leadership means that, "the buck stops here.' Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better."
~ Senator Barack H. Obama, March 2006
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Heavy Hand of EPA Continues Obama Assault on Coal, Electric Bills Likely to Rise

Yesterday the U.S. Court of Appeals for the 10th Circuit in Denver denied requests by PNM and others to put on hold a new U.S. Environmental Protection Agency visibility requirement on the company’s primary power source, the San Juan Generating Station near Farmington, N.M.
The court will now consider the merits of appeals of the requirement by PNM, the N.M. Environment Department and New Mexico Gov. Susana Martinez. Those parties maintain EPA’s mandate would cost New Mexico electric ratepayers and others about $750 million or more while a New Mexico plan could meet the same federal visibility rules for $77 million, or about one-tenth of the cost.
Today’s ruling is a decision by the court not to put implementation of EPA’s plan on hold while the issue is considered by the court.
“We remain committed to resolving this issue and, ultimately, to installing the most cost-effective, new visibility controls on the San Juan power plant,” said Pat Vincent-Collawn, chairman, president and CEO of PNM parent company PNM Resources. “In the meantime, we have a strong case to make that EPA violated the Clean Air Act and its own regulations in determining the best available retrofit technology for the plant.”
Vincent-Collawn added: “Today’s decision does increase our focus on convincing EPA administrators to quickly approve the New Mexico plan and, prior to taking that action, put the EPA requirement on hold. These actions are consistent with the Clean Air Act and EPA’s regulations and will serve interests of New Mexico’s economy and its electric consumers. The EPA has full, discretionary authority to grant that stay today.”
EPA’s aggressive, five-year compliance deadline for the San Juan plant to install the agency’s chosen technology, selective catalytic reduction (SCR), requires PNM to begin preparing to install that technology now even though the court ultimately could find it unnecessary.
New Mexico has approved a plan to meet the federal visibility rules by installing a different technology, selective non-catalytic reduction (SNCR), on all units at the San Juan plant. PNM supports that plan, which would reduce San Juan's emissions of nitrogen oxides (NOx) by 20 percent annually. Combined with reductions resulting from a major environmental upgrade completed in 2009, this would represent an annual NOx reduction of 73 percent from 2006 levels.

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Postal closures concern election officials, voters

From KRQE-TV.com - (AP) - Elections officials in several states are concerned that the closing of mail-processing centers and post offices could disrupt vote-by-mail balloting this year, a potential problem that has led some members of Congress to call for a delay until after the November elections. The U.S. Postal Service recently announced that it is moving ahead with plans to close at least 223 processing centers and thousands of post offices, adding to the 153 centers and 965 post offices that have closed since 2008. The moves are part of a wide-ranging cost-cutting strategy for an agency that estimates it will lose up to $18 billion a year by 2015. Voting officials are raising a variety of concerns, depending on the circumstances in their states. Meanwhile, postal customers have security concerns about leaving ballots in their mail boxes to be picked up by postal carriers. In California and Arizona, officials say the closing of processing centers could delay the delivery of mail-in ballots beyond the deadline to have them counted. "We just have to have a moratorium through this presidential year to avoid disastrous consequences," said California Secretary of State Debra Bowen, who wrote a letter last week to the U.S. postmaster general urging a halt to the closures until after the November election. "I'm asking for a time-out." The Postal Service has said the next round of facilities won't close until August, and it would then halt the process temporarily at the end of the month to minimize disruptions ahead of the general election. Read more
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John Stossel Dinner in Alb.

John Stossel
From riograndefoundation.org- John Stossel is one of the most prominent pro-free-market media voices in the United States today. And, for one night only, he is coming to Albuquerque!  Bringing Mr. Stossel back to Albuquerque is a great opportunity for the Rio Grande Foundation and for New Mexico's free market/limited government community. A few years ago at a luncheon hosted by the Rio Grande Foundation, 350 people attended a luncheon keynoted by Stossel. This time around we are hosting a dinner gala at the Marriott Pyramid in Albuquerque on Wednesday, April 25. Dinner – which will include filet mignon and wine – will last from 6:30PM to approximately 8:00PM. Individual tickets are available for $100 per person.  More News New Mexico
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2 Dead After Experimental Plane Crash

From kob.com -The Federal Aviation Administration says two people died in the crash of a small plane Wednesday night as it was attempting to land at the Belen Airport.  The single-engine plane, an experimental Legacy 2000, is registered to an owner in Albuquerque.  The plane clipped power lines as it was attempting to land. Our overhead video of the scene shows widely-scattered wreckage in a remote area.  Two bodies were found in the wreckage and authorities are working on notifiying next of kin.
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Court Denies Request to Delay Pollution Requirements

From therepublic.com -  A federal appeals court Thursday denied a request by Gov. Susana Martinez's administration and Public Service Company of New Mexico to delay pollution control requirements from taking effect at a coal-fired power plant in northwest New Mexico. The 10th Circuit Court of Appeals refused their request to put off regulations adopted by the U.S. Environmental Protection Agency last year. The requirements are aimed at curbing haze-causing pollution at the San Juan Generating Station. The ruling means PNM will have to start investing money to comply with the requirements within the next five years while it continues to appeal the agency's mandate in court. PNM said the mandate, which would cost New Mexico ratepayers and others at least $750 million, could eventually be struck down by the courts.  More News New Mexico
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Sunland Park Election Cancellation Considered

From thenothwestern.com -Upcoming elections for a troubled border city where three employees face extortion charges in connection with a secret video recording of a mayoral candidate getting a lap dance may be canceled or postponed, New Mexico officials said. Third Judicial District Attorney Amy Orlando told the Las Cruces Sun-News on Wednesday that she and Secretary of State Dianna Duran have discussed possibly canceling Sunland Park's election scheduled for next week.  "With what information I've been given so far, there is cause for concern for the election going forward," Orlando said.  More News New Mexico
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Pearce, Bingaman Work Together

Steve Pearce
Washington, DC (March 1, 2012) Today, Congressman Steve Pearce expressed his support for the House Natural Resources Committee’s passage of S. 897, sponsored by Senator Jeff Bingaman, which allows states and tribes to use unspent coal mining royalties for the cleanup of abandoned non-coal mines. Pearce sponsored the legislation’s companion bill in the House, H.R. 785 in February 2011.

Jeff Bingaman
“Contrary to the hyper partisan climate in Washington, I’m proud to say that I worked with our state’s senior Democrat to solve a longstanding problem, and ensure that this bill gets signed by the President,” said Pearce. “In New Mexico, abandoned uranium mines need reclamation. The reclamation process returns land damaged by mining to useful purposes. Additionally, this legislation allows excess money that already exists within AML to be used for non-coal reclamation by states and tribes. This allows for opening the existing AML program to uranium mine cleanup. I look forward to working closely Senator Bingaman in the future on solutions that benefit New Mexico.”
Currently, the Department of the Interior (DOI) restricts the ability of states to use certain funds to reclaim non-coal mines. S. 897 passed in the Senate in November and has moved through the House Resources Committee.

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