One proposal expands a tax credit provided to "angel investors" who help finance new companies. The governor wants to provide up to $2 million a year in credits, up from a current $750,000 cap, and increase the individual investments that qualify for a tax break.
Martinez also proposes to revamp existing credits for small technology companies, potentially costing the state $2 million a year. One change would allow firms to collect a refund for some spending on research and development if their tax credits exceed their tax liability.
Martinez said in statement that the issue "should have been settled by a vote of the people. Instead, the Supreme Court stepped in and rendered their decision."
"As we move forward, I am hopeful that we will not be divided, as we must come together to tackle very pressing issues," she added.
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The above quotations are from 2014 New Mexico Gubernatorial debates and race coverage.
Click here for other excerpts from 2014 New Mexico Gubernatorial debates and race coverage. Click here for other excerpts by Susana Martinez. Click here for other excerpts by other Governors.
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