ALBUQUERQUE, N.M. – (AP) Lt. Gov. Diane Denish is proposing a state tax credit for small businesses that create jobs.
Denish announced the proposal Thursday as part of her campaign for the Democratic nomination for governor.
A $2,500-a--job tax credit was among several initiatives she supports to help small businesses and to create jobs in rural areas.
Denish called for expanding a program that helps provide micro-loans to small businesses and giving a preference to New Mexico-based small businesses seeking governmental contracts. She proposed giving a priority to financing of capital improvement projects that expand high-speed Internet access and cell phone coverage in rural New Mexico.
Denish is unopposed on the June primary election ballot. Five Republicans are seeking their party's gubernatorial nomination.
Copyright 2010 The Associated Press.