New Mexico Boosts Local Journalism with Tax Credits
Santa Fe News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
New Mexico Governor Michelle Lujan Grisham signed tax credits into law to bolster local journalism and newspaper printing, as outlined in Senate Bills one twenty and one fifty. These measures, sponsored by Senators Carrie Hamblen and Peter Wirth, aim to keep newsrooms alive in the state by rewarding New Mexico bylines and digital sites that cover rural areas, while discouraging out-of-state chains. The push for these tax credits began in late 2024 and was carried through sessions in 2025 and 2026, making New Mexico the third state to address the decline in local reporters and the first with a printing credit, setting an example for supporting the press that keeps democracy thriving.
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