Site icon Polvadera Chiles and New Mexico News

Gov. Michelle Lujan Grisham signs two Covid-19 relief bills to assist businesses and individuals

New Mexico Gov. Michelle Lujan Grisham on Wednesday signed two bills aimed at bringing more Covid-19 financial relief to businesses and individuals.

Lujan Grisham signed Senate Bill 1, which will provide a $600 personal income tax rebate to hundreds of thousands of workers and provide a four-month gross receipts tax holiday for food and beverage businesses. She also signed Senate Bill 3, which will allow more businesses to tap into what is now a $500 million pool of loan money at a discounted rate.

“This…

Source: The Business Journal

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