Finance

New Mexico lawmakers are set to introduce the Clear Horizons Act, a net-zero framework that would formalize statewide emissions targets and expand planning and reporting requirements. The central consumer question is cost: how compliance, grid investment, and fuel-market exposure could translate into utility bills and price volatility. What happens next in committee—and later in rulemaking—will determine whether “affordable energy” claims show up in measurable household outcomes.

New Mexico's State Investment Council says its revamped Strategic Venture Capital Program has committed more than $1.8 billion to venture funds and is already tied to over $2 billion in in-state economic impact, as the agency highlights how a portion of its $71 billion sovereign wealth portfolio is being used to attract major projects to New Mexico.

A popular federal tax break that allows eligible pass-through business owners to deduct up to 20% of qualified business income is now permanent, but the math gets complicated quickly at higher income levels. For 2025, the outcome hinges on taxable income thresholds and whether the business is classified as a specified service trade or business, which faces tighter limits.

New Mexico is launching a statewide CreativeCon series in spring 2026 to support artists, entrepreneurs and creative business owners through education, networking and business development resources. The event series aims to strengthen the state’s creative economy, connect regional talent with state and local partners, and help creative professionals turn ideas into sustainable income streams.

Roth IRAs trade a tax break today for the possibility of tax-free growth and withdrawals later. A recent column argues that managing future RMDs and inheritance rules is where Roth accounts — and gradual conversions — can have the biggest impact.