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Tax increases approved, and opportunity to build new energy economy is blocked


Santa Fe, NM- Today, House Democrats passed a massive tax increase on middle class New Mexicans in an effort to increase the Working Families Tax Credit and Low Income Tax Rebate. HB 291 increases taxes by $80 million dollars, one of several tax increases moving through the Legislature this session that could raise as much as $500 million. House Republicans offered an alternative that would have provided the same increase to the WFTC and LICTR without raising taxes on hard working New Mexican families.  The Republican alternative, offered by Representative Larry Scott (R-Hobbs), would have required non-fossil fuel energy producers to pay instead of New Mexico Taxpayers.

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Upcoming Events – October 2023

15 Views   The Department is excited to be hosting a variety of public events during the month of October. Please check out these upcoming programs.

NEW Inside NM! Episode #205

15 Views   Steve gives an update on RPNM’s gerrymandering lawsuit that went to trial this week. Louie Sanchez, a New Mexican gun store owner, joins

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