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Campaign-related funds in New Mexico see big money pour in

SANTA FE, N.M.  — Political donations are pouring into special campaign-related funds for New Mexico state legislators in a nonelection year.

The Brian Egolf Speakers Fund that bears the name of the Democratic House speaker on Tuesday reported contributions of just over $300,000 since late April.

Labor unions representing educators and electric-utility workers figured prominently among major donors to the fund to help elect Democratic House candidates.

A fund overseen by House Republicans raised about $100,000 with major contributions from the oil industry. So-called caucus committees were introduced in 2019 by state statute. They can collect five times as much cash per donor as other New Mexico political committees.