Facts & Statistics
| STATE STATISTICS | |
| Population 2018 |
2,095,428 |
| Population 2017 | 2,093,395 |
| Population 2016 | 2,092,789 |
| Below Poverty 2018 | 16.6 |
| Below Poverty 2017 | 19.7 |
| Below Poverty 2016 | 19.8 |
| Employment – Population Ratio 2018 |
54.7 |
| Employment – Population Ratio 2017 | 54.2 |
| Employment – Population Ratio 2016 | 53.7 |
| Unemployed 2018 | 4.9 |
| Unemployed 2017 | 5.9 |
| Unemployed 2016 | 6.6 |
| Foreclosure Rate 2018 | 1 of 1,980 |
| STATE FACTS |
|---|
| The Navajo, the Nation’s largest Native American tribe, have a reservation that covers 14 million acres. |
| White Sands National Monument is a desert, not of sand, but of gleaming white gypsum crystals. |
| Moon Rocks can be found at the International Space Hall of Fame that is located in Alamogordo. |
Government
| ELECTED OFFICIALS | |
| Governor |
Michelle Lujan Grisham (D) |
| Lieutenant Governor | Howie Morales (D) |
| Attorney General | Hector Balderas (D) |
| Secretary of State | Maggie Toulouse Oliver (D) |
| State Senate Control | D – 26; R – 16 |
| State House Control | D – 46; R – 24 |
State Regulators
Legislative Process
| LEGISLATIVE DATES AND DEADLINES | |
| Convenes | January 15, 2019 |
| Sine Die Adjournment | March 16, 2019 |
| Committee Action Deadlines | N/A |
| Crossover Deadline | None |
| Carryover from Previous Session | No |
| Governor’s Signing Deadline (in session) | 3 days, Sundays excepted |
| Governor’s Signing Deadline (after adjournment) | 20 days following adjournment, or legislation is pocket vetoed |
| Veto Override | 2/3 majority |
| Legislation Effective Date | 90 days after adjournment |
Notable Laws & Legislation
SAFE Act
- NM SB 342 (now N.M. Stat. Ann. c. 58, art. 21)
- HUD review of New Mexico’s SAFE Act
Small Loan Structure
- NM HB0347(June 2017)
Security Breach Notification Law
- 2017 H.B. 15, Chap. 36 (effective 6/16/2016)
AFSA Comment Letters
- New Mexico Proposed Amendments to Misrepresentation of Age and Condition of Motor Vehicles Rule (January 29, 2016)
- New Mexico HB 24 and HB 36 Thirty-Six Percent Rate Cap (January 30, 2015)
- New Mexico SJR 20 and HJR 10 Thirty-Six Percent Rate Cap (February 13, 2014)
- AFSA Joint Comment re NM revised rule for negotiating a sale (June 29, 2012)
Enforcement
Consumer Complaints
Regulatory Actions
Featured Regulations
Regulatory Guidelines
Advocacy, Initiatives & Reports
Advocacy
- 23 State & DC Letter to FDIC re: “Rent-A-Bank” Predatory Lending (February 2020)
- 25 State & DC Letter to Education Department re: Student Loan Debt Relief (February 2020)
- 23 State & DC Amicus Brief re: Constitutionality of CFPB (January 2020)
- 21 State & DC Letter to OCC re: “Rent-A-Bank” Predatory Lending (January 2020)
- 19 State & DC Letter to Congress re: Education Department Borrower Defense Rule (January 2020)
- 20 State & DC Amicus Brief re: Public Student Loan Forgiveness (November 2019)
- 22 State Letter to Education Department re: Student Loan Forgiveness (November 2019)
- 21 State & DC Letter to HUD re: Housing Discrimination (October 2019)
- 29 State & DC Letter to Education Department re: Student Loan Fraud (October 2019)
- 20 State & DC Letter to Congress re: Cannabis Banking (September 2019)
- 27 State & DC Letter to CFPB re: Debt Collection Rule (September 2019)
- 31 States & DC Amicus Brief re: Student Loans (August 2019)
- 50 States & DC Letter to FCC re: Robocalls (August 2019)
- 24 States & DC Letter to CFPB re: Overdraft Rule (July 2019)
- 40 States & DC Letter to FTC re: Data Privacy (June 2019)
- 50 States & DC Letter to Education Department re: Student Loans for Disabled Veterans (May 2019)
- 24 States & DC Letter to CFPB re: Payday Rule (May 2019)
- 33 States & DC Letter to Congress re: Marijuana Banking (May 2019)
- 41 States & DC Letter to FCC re: Robocalls (May 2019)
- 24 State & DC Letter to CFPB re: Payday Lending Rule (March 2019)
- 50 States & DC Letter to U.S. Senate Committee on Commerce, Science & Transportation re: Robocalls (March 2019)
- 30 States & DC Letter to FTC re: Identity Theft Rule (February 2019)
- 43 State AGs Letter to Social Security Administration re: Identity Fraud (December 2018)
- 14 State AGs letter to Office of the Comptroller of the Currency re: Community Reinvestment Act (November 2018)
- 33 State AGs letter to CFPB re: Military Lending Act (October 2018)
- 35 State AGs Letter to Federal Communications Commission (FCC) re: Robocalls (October 2018)
- 20 State AG letter to Congress opposing valid-when-made legislation (June 2018)
- 16 state AGs letter urging Trump Administration to respect the CFPB’s investigative authority (April 2018)
- 20 state AGs letter to Congress regarding proposed FDCPA amendments (April 2018)
- 32 AGs letter urging Congress to preserve state’s authority to enforce data breach & security laws (March 2018)
- 30 AGs letter to Congress urging it to reject legislation that would block state oversight of student loan servicing industry (March 2018)
- 20 State AGs letter to Education Secretary re student borrower defense proposal (March 2018)
- 16 State & DC AGs brief calling on Trump Admin. to respect CFPB independence (February 2018)
- 18 State AGs urge Congress to incorporate cannabis industry into banking system (January 2018)
- 16 State AGs letter to President re CFPB (December 2017)
- Lawsuit opposing temporary CFPB director (December 2017)
- 36 State AGs Letter 1 and Letter 2 – Credit Freeze Fees (October 2017)
- 43 State AGs Letter – Major Data Breach (September 2017)
- NM AG Balderas Letter to Feds re Arbitration Clauses (May 2016)
- 31 State AGs Letter to CFPB – Debt Collection Rules (March 2014)
Reports
Trade Associations
There are currently no partner industry associations in New Mexico
Political Geography
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