Current:Home > MyRepublican New Mexico Senate leader won’t seek reelection -FutureFinance
Republican New Mexico Senate leader won’t seek reelection
Surpassing View
Date:2025-04-08 20:47:07
SANTA FE, N.M. (AP) — The top-ranked Republican in the New Mexico Senate won’t seek reelection this year as his party reckons with the first election since a redistricting plan from Democrats merged two GOP-led districts.
Senate Republican leader Greg Baca of Belen said his decision to leave the Senate by year’s end was informed by conversations with his family, prayer and attention to new political boundaries adopted by the Democrat-led Legislature in 2021.
“Careful observers of the progressive plan to pit two Hispanic Republicans against each other through redistricting may have seen this coming,” said Baca in a statement, while endorsing Republican state Sen. Josh Sanchez in the merged district. “In short, I refuse to allow the radical left to pit brother against brother.”
State legislative candidates raced against a Tuesday-evening deadline to submit signature petitions that can qualify them for the state’s June 4 primary and November general election.
Democrats outnumber Republicans nearly 2-1 in the state Senate, amid a wave of retirement announcements that could tilt the partisan balance next year. The entire Legislature is up for election in November.
In drawing new Senate districts, the Legislature embraced recommendations from Native American communities for shoring up Indigenous voting blocs in the northwest of the state. But Republicans at the same time bristled at provisions that merged two Republican-held districts.
The Legislature’s annual session adjourned in mid-February with approval of several public safety initiatives and an annual budget plan that slows down a spending spree linked to an oil production bonanza in the Permian Basin that overlaps southeastern New Mexico and portions of Texas.
Separately on Tuesday, four state House Republican legislators from southeastern New Mexico and Farmington urged the state land commissioner to reverse course on her decision to withhold some lease sales for oil and gas development until the Legislature agrees to raise royalty rates in premium tracts from 20% to 25%.
A letter to Land Commissioner Stephanie Garcia Richard warns of possible unintended consequences including job losses and reduced government income if petroleum producers redirect investments from New Mexico to other oil fields. It was signed by Republican state Reps. Jim Townsend of Artesia, Larry Scott of Hobbs, Rod Montoya of Farmington and Jared Hembree of Roswell.
State Land Commissioner Stephanie Garcia Richard said the state will forgo a trove of income and investment returns over the lifetime of future leases if royalties stay capped at 20%. In New Mexico, royalty payments from oil and gas development on state trust land are deposited in a multibillion-dollar investment trust that benefits public schools, universities and hospitals.
The accountability and budget office of the Legislature says a 25% royalty rate cap would increase annual revenues by $50 million to $75 million.
veryGood! (85899)
Related
- 2025 'Doomsday Clock': This is how close we are to self
- The Sweet Advice Demi Moore Gave Her Children After Bruce Willis’ Dementia Diagnosis
- Family of child burned in over-chlorinated resort pool gets $26 million settlement
- Hacked-up bodies found inside coolers aboard trucks — along with warning message from Mexican cartel
- The Grammy nominee you need to hear: Esperanza Spalding
- Tom Sandoval Vows to “Never Cheat That Way” Again After Affair Scandal
- Feds charge 19 in drug trafficking scheme across U.S., Mexico and Canada
- Chiefs vs. 49ers 2024: Vegas odds for spread, moneyline, over/under
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Adele announces 'fabulous' summer shows in Munich, first Europe concert since 2016
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- Laser strikes against aircraft including airline planes have surged to a new record, the FAA says
- Pregnant Ashley Benson Bares Nearly All in Topless Photo Shoot
- Win free food if you spot McDonald's Hamburglar on coast-to-coast road trip in the 'Burgercuda'
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- 2024 NHL All-Star Game weekend: Live stream, TV, draft, skills competition, rosters
- A federal judge dismisses Disney's lawsuit against Florida Gov. Ron DeSantis
- Olive oil in coffee? Oleato beverages launching in Starbucks stores across US
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
From marching bands to megastars: How the Super Bowl halftime show became a global spectacle
PGA Tour strikes a $3 billion deal with a sports owners investment group
KFC announces new 'Smash'd Potato Bowls', now available nationwide
Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
Elmo takes a turn as a therapist after asking 'How is everybody doing?'
Chita Rivera, revered and pioneering Tony-winning dancer and singer, dies at 91
Why that rain scene in 'Killers of the Flower Moon' is so 'beautiful' to Martin Scorsese