For unknown reasons, New Mexico Governor Susana Martinez became the first governor in the U.S. to veto Benefit Corporation legislation. Since she did not sign the bill and allowed it to die, the office doesn’t provide any explanation as to why she didn’t sign it even though it had overwhelming bi-partisan support in both the House and Senate.

This was very frustrating for Dapwood because it was good legislation that would help small businesses in New Mexico. My only explanation is that the Governor was more interested in passing legislation to help the TV and movie industry and the space port– more sexy and high-profiled industries.

Even though this has been a step back for the state, Dapwood is moving forward with becoming B-Corporation certified to prove we are a different type of company. Hopefully the state will catch up to the changes happening to businesses across the globe next year.

Letter to Susana Martinez asking for signature on HB40