Bill > SB115

This bill expands the Rural Health Care Practitioner Tax Credit to include doctors of oriental medicine, naturopathic doctors, and speech-language pathologists, in addition to the existing eligible health care practitioners such as physicians, osteopathic physicians, dentists, and clinical psychologists. The bill maintains the credit amount of up to $5,000 for eligible practitioners who provide at least 2,080 hours of healthcare services in a rural, underserved area, and up to $3,000 for those who provide at least 1,040 hours of services. The provisions of the bill apply to taxable years beginning on or after January 1, 2022.

Budget and Finance

https://www.nmlegis.gov/Legislation/Legislation?chamber=S&legtype=B&legno=115&year=22