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New Mexico House speaker says tax reforms won't get vote

SANTA FE, N.M. (AP) — Democratic House speaker Brian Egolf says the New Mexico Legislature will not vote on a major tax reform proposal backed by the state's Republican governor during a special legislative session. Egolf on Tuesday said that too much time has passed without a final version of the legislation or a fiscal analysis for lawmakers review. The Legislature convenes Wednesday at noon to address a state budget crisis. Republican Rep. Jason Harper is preparing legislation to overhaul gross receipts taxes on sales and business services to improve the state's business climate and bolster state finances. New Mexico Gov. Susana Martinez is a vocal supporter of the efforts would do away with a variety of tax breaks to bring in sales tax revenue from more sources — at a lower overall tax rate.