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Money in Politics

New Mexico In Depth editors chat about the state budget, public safety, and transparency

By Bettina Baca | January 19, 2024

New Mexico In Depth editors held the first of five online chats about the 2024 legislative session yesterday. In a wide-ranging conversation, Executive Director Trip Jennings and Managing Editor Marjorie Childress covered the highlights of the first week, including Gov. Michelle Lujan Grisham’s State of the State address which was disrupted by young protestors on three different occasions. New Mexico In Depth will host weekly conversations each Thursday at 12:30 during the 30-day legislative session that kicked off on Tuesday.

Jennings and Childress, with 30 years or more combined reporting at the Roundhouse, discussed the competing state budget proposals from Lujan Grisham and the Legislature at a time when New Mexico is swimming in money thanks to a historic surplus. A theme of the coming budget discussions between the governor and state lawmakers will center on how much to spend and how much to save, they said. New Mexico relies heavily on the volatile oil and gas industry to pay for services and programs, with more than 40% of the state’s spending every year underwritten by revenues generated by the industry.

Money in Politics

Public blind to money flowing to lawmakers as session kicks off

By Marjorie Childress, New Mexico In Depth | January 17, 2024

As the New Mexico legislative session kicked off this week, the public was blind in one very important respect.

Marjorie Childress, New Mexico In Depth

In the next four weeks, lawmakers will create a state budget worth at least $10 billion dollars, pass another quite large capital outlay budget, and pass influential tax and policy bills. But who gave money to those lawmakers in the last quarter of the year – in the form of campaign contributions – will largely be a mystery. That’s because lawmakers aren’t required to file a public report in January about campaign contributions they received in the run-up to the legislative session, if they didn’t run for office the year before.

Since no lawmakers ran for office in 2023, we do not have a comprehensive data set showing the money that flowed into campaign accounts in the final months of 2023. Their last reports reflect contributions through Oct. 7, 2023, and we won’t have an update until April, when their next reports are due.I’ve been looking at campaign filings for many years. I promise you that among year-end contributors will be corporations and often, their owners and employees. There will be executives and public relations specialists for trade associations, labor unions, and public policy organizations.

Some of those contributors will be registered as official lobbyists for their organizations, and in those cases we can see what they gave because lobbyists must file a January report. But while the reports of 100 or so lobbyists, or of their employers, are highly consequential, they are just a slice of the money flowing into the campaign accounts of lawmakers. A fuller picture would allow the public to comb through reports by address, employers, and occupation, and better understand how much money lawmakers are getting from a particular industry, special interest group, or simply from a handful of big donors. Last year, lawmakers were poised to pass a bill with several transparency measures, including one that would have shifted the reporting schedule to capture donations at the end of the year in a January report, showing how much money was given to lawmakers in the run-up to the legislative session.