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Committee backs temporary tax credits for in‑state newspaper printing to shore up local news
Summary
The committee recommended SB150 by a recorded 9–1 vote; the bill creates two refundable tax credits to support in‑state newspaper printing infrastructure with a sunset of Jan. 1, 2031, aimed at preserving local printing capacity after recent plant closures.
The Senate Tax, Business and Transportation Committee voted to recommend SB150, a narrowly targeted tax-credit package meant to support in‑state newspaper printing operations.
Sponsor testimony and industry witnesses cited recent plant closures in Roswell and Gallup and rising printing and trucking costs as immediate pressures on the state’s printing infrastructure. Pat Dorsey, publisher…
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