Burdensome Licensing Laws Close Off Opportunity in New Mexico
And limit competition to existing businesses
ALBUQUERQUE – Does New Mexico really need somebody to have two years of experience and take two exams before they can repair a door?
Or two years' training to install a security alarm?
Or train for two full years, pass two exams and pay $318 before getting the state's approval to operate paving equipment?
Tim Keller of the Institute for Justice doesn't think so. He said a 2012 study reveals New Mexico has the 12th-most burdensome licensing laws in the country, and he said that holds back the state's economy by putting hurdles in front of new businesses, unfairly targets low-income job applicants and acts as a wall to protect companies that are already licensed from outside competition.