New Mexico governor returns excess contribution from Intrepid Potash

SANTA FE, N.M. – Gov. Michelle Lujan Grisham’s campaign for reelection on Wednesday amended its October campaign finance report and returned $4,200 to a corporate contributor after a donation exceeded limits set in state statute.

Opposition political committee Stop MLG highlighted the original $25,000 donation to the Lujan Grisham campaign from Denver-based Intrepid Potash. New Mexico caps campaign contributions to candidates at $20,800 in the course of a four-year election cycle. Excess contributions were returned, according to a spokeswoman for the campaign.

Intrepid Potash is a Denver-based mineral company that employs about 280 people in New Mexico, primarily at Carlsbad. It uses water rights to sell water to support oil and natural gas development in the Permian Basin and also provides a potassium-rich salt to oil producers and other industries, according to corporate filings with the U.S. Securities and Exchange Commission.

In this July 29, 2021, file photo New Mexico Gov. Michelle Lujan Grisham speaks at a news conference in Santa Fe.

Intrepid Potash is invested in state mining and grazing leases. It has a petition pending before the state Supreme Court to defend water rights on the Pecos River in southern New Mexico that are leased to other companies for use in the oil and gas industry, after a coalition of rural water users prevailed in state district court.

The Lujan Grisham campaign also amended its filing to identify previously undisclosed sources of four recent campaign contributions.