Tipping Point NM episode 537: Representative Larry Scott – Electricity Policy, Gross Receipts Tax Reform and more

On this week’s interview Paul talks to Rep. Larry Scott. Rep. Scott represents part of Hobbs, NM in the Legislature as a Republican. Paul and Larry discuss the electricity situation in New Mexico and whether nuclear might be a part of the “energy transition.” They also discuss other issues with New Mexico’s electricity reliability and price.

Paul and Larry then talk about the prospects for gross receipts tax reform and how a bill passed in 2019 impacts those prospects.  Also, Rep. Scott has introduced legislation to assist New Mexico local governments hold onto additional tax revenues that could assist with replacing revenue lost previously as well as potential lost revenue from needed GRT reform.