Bill > HB222

This bill amends New Mexico's tax law to allow a deduction from gross receipts and governmental gross receipts for the sale of diapers, in addition to the existing deduction for the sale of feminine hygiene products. The bill defines "diaper" as a basic garment for infants or incontinent adults consisting of a folded cloth or other absorbent material. The bill also requires the New Mexico Department of Taxation and Revenue to compile an annual report on the number of taxpayers claiming these deductions, the aggregate amount deducted, and an analysis of the cost of the deductions. The effective date of this bill is July 1, 2023.

Health and Social Services

https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=222&year=23