We are pleased to announce that the 350 Santa Fe chapter has endorsed two leading and potentially game changing initiatives for New Mexico:

  • Public Banking for NM
  • Green Amendment for NM

Public Banking for NM is being spearheaded by the Alliance for Local Economic Prosperity. Simply put a state public bank could play a role in managing the state’s investment funds and help finance the transition of the state’s economy to a more sustainable climate future. A public bank could address the impacts of climate change by financing clean energy infrastructure, increasing renewable energy lending, and incorporating values for regeneration and sustainability into its lending policy.

North Dakota has had a public bank for some time. Learn more how we compare.

The initiative, to be introduced in the 2021 legislative session, could keep much more of New Mexico’s money in the hands of local communities.

The New Mexico Green Amendment movement is expecting there to be a proposal before both houses of the New Mexico legislature in the 2021 legislative session. Senator Antoinette Sedillo Lopez and Senator Bill Soules will be the lead sponsors in the Senate and Representative Joanne Ferrary will be lead sponsor in the House. Both houses will have to vote on the proposal and if there is majority support in each house the amendment would advance to a vote of the people.

Green Amendments are self executing provisions added to the bill of rights section of a constitution that recognize and protect the rights of all people. regardless of race, ethnicity, religion or income, including future generations, to pure water, clean air, a stable climate, and healthy environments.

Resolution for Proposing New Mexico Green Amendment Language – as of Oct 1, 2020

SECTION 1. It is proposed to amend Article 2 of the constitution of New Mexico by adding a new section to read:

A. The people of the state, including future generations, have the right to a clean and healthy environment, including pure water, clean air, healthy ecosystems, and a stable climate, and to the preservation of the natural, cultural, scenic and healthful qualities of the environment.

B. The state, including each branch, agency, and political subdivision, shall serve as trustee of the natural resources of the state, among them its waters, air, flora, fauna, climate and public lands. The state shall conserve, protect, and maintain these resources for the benefit of all the people, including generations yet to come.

C. The rights stated in this section are inherent, inalienable, and indefeasible and are among those rights reserved to all the people and are on par with other protected inalienable rights. The provisions of this section are self-executing.

SECTION 2. It is proposed to amend Article 20 of the constitution of New Mexico by repealing Section 21.