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LAST ACT Lawmakers give tax bill last-minute approval, avert special session

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Posted: Saturday, March 16, 2013 9:00 pm

New Mexico lawmakers wrapped up their work Saturday by rushing through a last-minute package of business tax cuts supported by Republican Gov. Susana Martinez to encourage economic development.

By approving the tax measure, the Democratic-controlled Legislature averted a possible special session later this year. The governor said she would sign the tax cuts as well as a $5.9 billion state budget she previously had threatened to veto.

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