Under the American Rescue Plan, employers are entitled to tax credits for providing paid leave to employees who take time off related to COVID-19 vaccinations
The American Rescue Plan Act of 2021 (ARP) allows small and midsize employers, and certain governmental employers, to claim refundable tax credits that reimburse them for the cost of providing paid sick and family leave to their employees due to COVID-19, including leave taken by employees to receive or recover from COVID-19 vaccinations. The ARP […]
SBA Launches $100M Community Navigator Pilot Program
WASHINGTON – The U.S. Small Business Administration (SBA) announced today that it is accepting applications for its new Community Navigator Pilot Program. This new initiative, established by the American Rescue Plan, will leverage a community navigator approach to reach our nation’s smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, as well as women and veterans. SBA will accept applications through July 12, […]
NM EDD Recovery Webinar Series: Department of Workforce Solutions Business Resources
EDD is hosting a webinar featuring Department of Workforce Solutions. They will present information on the following programs:Update on the new steps in the unemployment insurance process Available corporate trainings Job fairsWorkforce Opportunity Tax Credits (WOTC) Registered Apprenticeship TANF Trade Adjustment Assistance Program Work Keys Register here: https://register.gotowebinar.com/register/8323710256484520974For assistance, please email Jennifer Myers, Statewide Disaster Recovery Coordinator.
Updated Public Health Order in Effect; New Mexico Adopts CDC Mask Guidance for Fully Vaccinated Individuals
FOR IMMEDIATE RELEASEContact: Nora Meyers SackettPress Secretary, Office of the Governornora.sackett@state.nm.us May 14, 2021SANTA FE – The New Mexico Department of Health on Friday announced the state’s adoption of the Centers for Disease Control and Prevention’s updated guidance on facemasks for those who are fully vaccinated. An updated Department of Health public health order, effective Friday, May 14, is attached […]
Emergency Broadband Benefit Consumer Information
The Emergency Broadband Benefit is a temporary FCC program to help families and households struggling to afford broadband internet service during the COVID-19 pandemic.The Emergency Broadband Benefit provides:Up to $50/month discount for broadband service;Up to $75/month discount for households on qualifying Tribal lands; andA one-time discount of up to $100 for a laptop, desktop computer, or tablet […]
Apply for the Citizen Redistricting Committee
About the Redistricting Act:On April 6, 2021, Governor Michelle Lujan Grisham signed Senate Bill 304 (55th Legis., 1st Sess. 2021). Senate Bill 304 includes the Redistricting Act. The Redistricting Act creates the Citizen Redistricting Committee (CRC or Committee), which is comprised of major party members and non-major party members. The State Ethics Commission has the […]
Save the Date: NM EDD Southeastern New Mexico Virtual Business Finance Fair
Connect with local lenders and other funding resources in your region.All business owners and aspiring entrepreneurs interested in financing should attend.Lenders and other financial assistance organizations are invited to participate.NO COST to participate.Click here to register: https://register.gotowebinar.com/register/7812075609686663695For more information, please contact Johanna Nelson at Johanna.Nelson@state.nm.us, or call 505-469-6204.
$200 Million in LEDA Recovery Grants Available
FOR IMMEDIATE RELEASE:Contacts:Bruce KrasnowBruce.Krasnow@state.nm.us(505) 827-0226, cell: (505) 795-0119 Lynn Taulbeeltaulbee@nmfa.net(505) 992-9618 direct May 13, 2021Gov. Michelle Lujan GrishamCabinet Secretary Alicia J. KeyesDeputy Secretary Jon Clark SANTA FE, N.M. – Applications are now being accepted for Local Economic Development Act (LEDA) Recovery Grants of up to $100,000, the New Mexico Economic Development Department (EDD) and New Mexico Finance Authority (NMFA) announced […]
$600 Income Tax Rebate Temporary Gross Receipts Tax Deduction for Food Services
During the 2021 legislative session, Senate Bill 1 was passed and signed into law. The new law provides a $600 rebate for certain New Mexico resident taxpayers for tax year 2020 who file personal income tax. The bill also provides a temporary gross receipts tax deduction for food and beverage establishments. Below is a summary […]
State Accepting Applications for the 2021 Outdoor Equity Fund
FOR IMMEDIATE RELEASE:Contact: Bruce KrasnowBruce.Krasnow@state.nm.us(505) 827-0226, cell: (505) 795-0119 May 3, 2021 Gov. Michelle Lujan GrishamCabinet Secretary Alicia J. KeyesDeputy Secretary Jon ClarkDirector Axie Navas SANTA FE, N.M. – Applications for the Outdoor Equity Fund to support New Mexico’s outdoor recreation economy are open, Director of the Outdoor Recreation Division (ORD) Axie Navas announced today. The deadline to apply is […]
LEDA Recovery Grants Program
The Local Economic Development Act (LEDA) Recovery Grants were created by the State of New Mexico in the 2021 Legislative Session by House Bill 11 to provide $200 million in grant funding to New Mexico small businesses that are experiencing financial hardship due to the pandemic. These grants are specifically tied to job creation, must […]
Small Business Recovery Loan Fund – Applications are now Open
In the 2021 Session, the New Mexico Legislature substantially expanded and extended the Small Business Recovery Loan Fund to better help businesses experiencing financial hardship caused by the pandemic. More businesses are now eligible to apply for a loan The loans have more favorable and flexible terms Businesses that received a Small Business Recovery Loan in 2020 can refinance for […]