Keller: Calls on Martinez to Advance SIC Reform

Tim Keller

NMPolitics - In the recently completed 2011 legislative session, Senate Bill 17 (Keller, D-Albuquerque and Neville, R-Aztec), a bill designed to complete State Investment Council reforms by removing the governor as chairperson, passed with wide bipartisan support. It now sits on the governor’s desk waiting to be signed. Senate Bill 17 was carefully crafted in the interim by the bipartisan Investment Oversight Committee, long before the recent gubernatorial election. It is composed of original sections from the 2010 bill, including sections to ensure minority party legislative appointments. It now also includes an amendment that allows the governor to serve for two more years in the chairperson role before being removed from the board. Signing SB 17 provides our new governor with an appropriate chance to oversee a transition and recovery of lost funds and then turn over the reins at the SIC. Read full column here: News New Mexico

Keller: Calls on Martinez to Advance SIC Reform