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Senate committee tables PNM coal bill : Backers say measure is vital for economy; foes say it's a 'bailout'

Feb 04, 2018 - Albuquerque Journal (New Mexico)

SANTA FE - A complex regulatory bill aimed at setting a new energy course for New Mexico - and the state' largest utility- hit a roadblock Saturday in its first Senate committee.

The Senate Conservation Committee voted 5-4 to table the legislation, though the panel's chairman, Sen. Joseph Cervantes, D-Las Cruces, said after casting the decisive vote that he's open to bringing it back during the 30-day session, which ends Feb. 15.

"This is a very confusing piece of legislation that's ...