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NM HJR5

NM HJR5
Extend Veteran Property Tax Exemption, Ca


summary

Introduced
01/23/2023
In Committee
03/14/2023
Crossed Over
03/02/2023
Passed
03/17/2023
Dead
Signed/Enacted/Adopted
03/17/2023

Introduced Session

2023 Regular Session

Bill Summary

Extend Veteran Property Tax Exemption, Ca

AI Summary

This Joint Resolution proposes to amend the New Mexico Constitution to expand the property tax exemption for veterans with a permanent and total service-connected disability, as determined by federal law, by making the exemption amount a percentage equal to the veteran's disability rating, and also extends the same exemption to the surviving spouse of an eligible veteran if they continue to reside in the property as their primary home. The resolution also clarifies that the person claiming the exemption bears the responsibility of proving their eligibility and mandates that this proposed amendment will be put to a vote of the people at the next general election or a prior special election.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (4)

Last Action

Signed by one or both houses (for legislation not requiring Governor's signature) (on 03/17/2023)

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