Regional
9:10 am
Sat March 3, 2012

Martinez Vetoes $12 Million In Highway Funding

SANTA FE, N.M. (AP) — A proposal to provide $12 million for highway maintenance has run into a bumpy road with Gov. Susana Martinez.

The governor vetoed the proposal, saying it didn't provide a long-term solution to New Mexico's highway financing problems.

The bill earmarked $12 million of motor vehicle excise revenues for a fund that pays for road work but the governor said the one-time allocation creates expectations that the transfer will become permanent.

Martinez also said the proposal was flawed because it allocated $20 million from the state's road fund for highway maintenance but offset that with just $12 million of the tax revenues from car and truck sales. The governor complained that the difference would need to be made up by reducing other transportation expenses.

Copyright 2012 The Associated Press.