Bail proposal clears Senate

Chances are good that SJR1 will clear the House, too, a powerful lawmaker from that chamber said. “This is an issue on which we need to be pragmatists,” Republican House Majority Leader Nate Gentry of Albuquerque said. “We have a very delicate balance right now where we have the support of district attorneys. We have the support of the criminal defense attorneys. You don’t see that often.”

Storefront Lenders Block Rate Caps in House Committee

Storefront lenders scored a win Tuesday in Santa Fe when the House Business and Employment Committee unanimously voted to block an effort to ask New Mexicans to vote on whether to cap interest rates on installment loans this November.