Q&A: Laura Montoya, Candidate for State Treasurer
NAME: Laura M. Montoya
POLITICAL PARTY: Democratic
OCCUPATION: Independent contractor
TOWN OF RESIDENCE: Rio Rancho
RELEVANT EXPERIENCE: Elected to 2 terms – Sandoval County Treasurer for 4 years; Finance, Pensions and Intergovernmental Affairs, Vice President; member of the tax policy committee of NM; 23 years of experience in federal, state, tribal and local government, primarily in finance; NM State Treasurer’s Office; New Mexico House of Representatives; New Mexico Senate
EDUCATION: BA – political science, psychology with a minor in sociology; MA – 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); More than 600 credit hours in finance, business, investments, economics and management.
CAMPAIGN WEBSITE: LauraMontoya4NM.com
1. What would be your top priorities as state treasurer?
Work on policies to ensure transparency, accountability, fairness and equity. Help close the inequity gap with just and fair laws. Provide outreach, resources and assistance to tribal, county and municipal government entities, particularly with the Local Government Investment Pool (LGIP). Support financial literacy.
2. As a voting member of the State Board of Investment, would you support or oppose increased funding for the State’s Land Grant Permanent Fund to increase funding for early childhood programs and K-12 education?
I will vote for the amendment and encourage others to do so. Our children are the most important investment in which we can invest. The return on investment is endless. The 1.25% of the five-year average of year-end market values will only occur if the fund remains 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’m the only state treasurer candidate to testify in favor of keeping the conversation about the state bank going. If there is potential to help rural New Mexico, especially after a pandemic, fires and lack of water, I want to have a real discussion if it’s doable.
4. Do you support or oppose the New Mexico Work and Save Act that was passed in 2020? What changes, if any, do you think should be made to the program?
I am concerned about the recent cost and implementation proposal being forced on small business owners at a time when they are still trying to recover from a heartless pandemic. I believe in helping New Mexicans build their retirement is important, but it needs to be thoughtfully structured.
1. Have you or your business, if you are a business owner, ever been subject to any state or federal tax liens?
2. Have you ever been involved in personal or commercial bankruptcy proceedings?
3. Have you ever been arrested, charged, or convicted of a DUI, misdemeanor, or felony in New Mexico or any other state? If yes, 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 based on the evidence presented to the judge.