NM Sees Clear Skies For 04, Gears Up For 05

The threat of taxation is always imminent. It is not on the immediate horizon in New Mexico but we know it is always a possibility. The current legislative session will end in mid-February and the introduction of a bill to tax credit unions does not look likely. But we're concerned about the 2005 legislative session and we are preparing for that eventuality. We've started the Campaign to Protect New Mexico's Credit Unions and are soliciting pledges from all of our credit unions. The goal is to end up with adequate funding to develop a media plan and be ready to launch it if a taxation threat develops.