New Mexico lawmakers propose $1,200 payment to unemployed | KOB 4

New Mexico lawmakers propose $1,200 payment to unemployed

New Mexico lawmakers propose $1,200 payment to unemployed

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.


(Copyright 2020 by The Associated Press. All Rights Reserved.)

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