- Associated Press - Wednesday, February 17, 2016

SANTA FE, N.M. (AP) - A bill to overhaul New Mexico’s online clearinghouse for political contributions and lobbying expenditures is headed to the governor’s desk for consideration.

The Senate voted 41-0 on Wednesday in favor of the bipartisan legislation. The House already approved the initiative without opposition.

The proposal would standardize electronic reporting so that filings by candidates, lobbyists and political committees can be searched, cross-referenced or downloaded for analysis.

It also would require lobbyists to file regular reports, as candidates already do.

The Office of the Secretary of State eventually would spend as much as $985,000 to set up the database, depending on bids from vendors and available funding. Registration fees from lobbyists would be reinvested in maintaining the clearinghouse.

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