Bill

Bill > HB195


NM HB195

NM HB195
Tax Proof Of Disabled Veteran Status


summary

Introduced
02/02/2022
In Committee
02/11/2022
Crossed Over
Passed
Dead
02/17/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO PROPERTY TAX; PROVIDING FLEXIBILITY REGARDING THE REQUIREMENT TO PROVIDE PROOF OF ELIGIBILITY FOR A DISABLED VETERAN'S PROPERTY TAX EXEMPTION.

AI Summary

This bill provides flexibility regarding the requirement to provide proof of eligibility for a disabled veteran's property tax exemption. Specifically, it states that when a disabled veteran or their unmarried surviving spouse provides proof of eligibility for the exemption, they shall be allowed the exemption for that taxable year, but the exemption shall not be allowed for property tax due for previous taxable years. This change aims to make the application process more flexible for disabled veterans seeking the property tax exemption.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (9)

Last Action

House Taxation & Revenue Committee (08:30 2/14/2022 Room 317) (on 02/14/2022)

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