Pub 19 2022 Issue 4

Representative Jack Chatfield, and a host of bankers. Both legislators were concerned with how best to spend the $3.5 billion of new money. Saving at least half would be best. When I asked what would be best for the state, the Senator quipped that many legislators are against any deal they do not participate in. I then asked one of our bankers what he recommended for lunch, he humorously responded, “Anything with gravy or ranch dressing.” Next, we traveled to another terrific community, Farmington. We had a big turnout of bankers and legislators (five of the six invitees). For our legislative dinner event, there was a spirited discussion concerning the importance of the oil and gas industry to our state, the state-wide health care crisis, crime, and how to best spend the $3.5 billion windfall for the 2023 Legislature. I want to personally thank Sheila Mathews, CEO and President of Four Corners Community Bank and an NMBA Board Member, for making our evening event a great success. She is truly remarkable. Moving ahead, John and I made our way to Santa Fe. Representative Christine Chandler (D-Los Alamos), Chair of the House Taxation and Revenue Committee, and Senator Peter Wirth, Senate Majority Leader, briefed the bankers on matters likely to be included in the omnibus tax bill for 2023. All taxes – including gross receipts, personal income, corporate, property, and excise – may be addressed. I want to thank Century Bank CEO and President Max Myers for providing such delicious food during our stop in Santa Fe. It was a major component of making our visit to the state’s capital a huge success. Our next lunch in Albuquerque was another success. We hosted several legislators, including two of our newly elected state Representatives. Not surprisingly, the topic that consumed much of the discussion was crime, followed by health care and the homeless crisis. Our final lunch was held in Las Cruces at the Double Eagle Restaurant in Old Mesilla. Take it from me: the Double Eagle has to be one of the most beautiful properties in the state of New Mexico. We had as our special guest Bryan Ashenbaum, the newly appointed Dean of the New Mexico State University College of Business. It will be interesting to follow Bryan’s career at NMSU. He clearly has the energy and intellect to do an excellent job. We had the opportunity to discuss the plans for an NMSU/ NMBA internship program, which we hope to get underway in 2023. What are my takeaways from this trip? First of all, we have a beautiful state. Secondly, our potential is unlimited with abundant natural resources, two national laboratories, several military installations, a flourishing film industry, a thriving banking industry, and 112 dedicated New Mexico state legislators. Finally, the 2023 Legislature got underway on January 17 for 60 days. We will inform you of current legislative events as the session progresses. I wish you all a happy and prosperous new year! David Hockmouth Issue 4 • 2022 7

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