NAME: Laura M. Montoya
POLITICAL PARTY: Democratic
OCCUPATION: Independent contractor
CITY OF RESIDENCE: Rio Rancho
RELEVANT EXPERIENCE: Elected two term – 4-year Sandoval County treasurer; Finance, Pension & Intergovernmental Affairs, vice chair; N.M. Tax Policy Committee member; 23 years federal, state, tribal and local government experience, predominately in finance; N.M. State Treasurer’s Office; N.M. House of Representatives; N.M. Senate
EDUCATION: B.A. – political science, psychology with a minor in sociology; M.A. – public affairs; Rotary Scholar – University of Costa Rica – international relations and Spanish; Certified Public Official (NM EDGE NMSU); Certified Public Manager (NM EDGE NMSU); Certified Treasury Official (NM EDGE NMSU); 600+ credit hours in finance, business, investments, economics, & management
1. What would be your top priorities as state treasurer?
Work on policies to ensure transparency, fairness, and equitability. Remove the gap of inequity between rich and poor, and rural and urban. Provide outreach, resources, and assistance to tribal, county and municipal government entities especially with the Local Government Investment Pool. Support financial literacy.
2. As a voting member of the State Investment Council, would you support or oppose taking more money from the state’s Land Grant Permanent Fund to increase funding for early childhood programs and K-12 education?
I support the current proposal and would vote for it. Our children are the most important investment we can invest in. The return on our investment is endless. The 1.25% of the five-year average of year-end market values will occur only if the fund stays above $17 billion.
3. Would you support or oppose the creation of a New Mexico public bank to make more funds available for lending?
I am the only candidate for state treasurer that testified in support of the state bank legislation. Having the right minds at the table to discuss the concept and implementation will help us invest in New Mexicans and New Mexico and is critical to bridging the gap of inequity.
4. Do you support or oppose the New Mexico Work and Save Act that was approved in 2020? What changes, if any, do you believe should be made to the program?
I have concerns with the recent proposal regarding cost and forced implementation on small business owners during a time in which they are still trying to recover from a heartless pandemic. New Mexico does not currently have the capacity to implement without mandatory participation from all small business owners and neighboring states.
1. Have you or your business, if you are a business owner, ever been the subject of any state or federal tax liens?
2. Have you ever been involved in a personal or business bankruptcy proceeding?
3. Have you ever been arrested for, charged with, or convicted of drunken driving, any misdemeanor or any felony in New Mexico or any other state? If so, explain.
I have never been arrested or convicted of a crime. In 2014, I was charged with a domestic violence misdemeanor based on a false allegation and the case was dismissed.