New Mexico State Investment Council Votes in Favor of Putting Tax Stabilization Reserve Under its Management

Posted on 01/24/2019


The New Mexico State Investment Council (NMSIC) voted to approve the concept of endorsing state legislation that would place investment management of the Tax Stabilization Reserve under management of the SIC. At the moment, the Tax Stabilization Reserve has around US$ 500 million in assets. Coming into effect on July 2018, it is a technically […]