New Mexico Gov. Michelle Lujan Grisham stepped in and used her veto powers to kill a bill to give a tax exemption to operators of small oil and gas wells in her state.
The exemption for “stripper” wells was included in a catch-all tax package approved in February by the New Mexico legislature. But the governor used a line-item veto power against the exemption. It was the only veto in the 149-page tax packager reported Source NM.
The governor had been urged by a coalition of 29 environmental groups to veto the exemption, calling it an “unnecessary and unsound tax giveaway” to polluters.
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