The Associated Press
Created: November 24, 2020 03:13 PM
SANTA FE, N.M. (AP) — The state legislature is meeting for the second time this year to tackle the economic fallout of the coronavirus pandemic and has introduced a bill to channel millions in federal funding into a one-time stimulus of $1,200 to economically stressed workers.
The bill aims to inject about $350 million in direct economic aid for the unemployed, small businesses and emergency housing subsidies.
For workers laid off during the pandemic, it would provide a $1,200 one-time payment to help hurting households.
Money may also be allocated for increased COVID-19 testing capacity to speed up results.
Lawmakers say the proposed spending will be made possible by federal relief funding previously assigned to New Mexico.
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