Bill

Bill > HB190


NM HB190

NM HB190
Income Tax Credit For Nm Nurses


summary

Introduced
02/01/2022
In Committee
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO TAXATION; CREATING A 2022 INCOME TAX CREDIT FOR NURSES EMPLOYED BY HOSPITALS IN NEW MEXICO.

AI Summary

This bill creates a 2022 income tax credit for nurses employed full-time at hospitals located in New Mexico. The tax credit amount is $1,000, and taxpayers must apply to the Department of Taxation and Revenue to receive the credit. The credit can be refunded if it exceeds the taxpayer's tax liability. The Department is required to compile an annual report on the number of taxpayers who received the credit and the total amount of credits approved.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

House Taxation & Revenue Committee (08:30 2/7/2022 Room 317) (on 02/07/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...