summary
Introduced
01/20/2017
01/20/2017
In Committee
02/09/2017
02/09/2017
Crossed Over
01/25/2017
01/25/2017
Passed
02/17/2017
02/17/2017
Dead
Vetoed
01/29/2017
01/29/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO TAXATION; REMOVING AN EXEMPTION FOR CERTAIN SHORT-TERM OCCUPANCY RENTALS FROM THE OCCUPANCY TAX.
AI Summary
This bill removes an exemption from the occupancy tax for certain short-term rental accommodations. Specifically, it removes the exemption for short-term rentals where the occupant has a written agreement for at least 30 consecutive days or has been a permanent resident of the premises for at least 30 consecutive days. The bill will take effect on January 1, 2018, meaning that these short-term rental accommodations will now be subject to the occupancy tax starting from that date.
Committee Categories
Budget and Finance, Business and Industry, Transportation and Infrastructure
Sponsors (5)
Last Action
[LD 13] h and then to cncrd Vetoed by the Governor and date. (on 01/29/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=266&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/HB0266.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0266.pdf |
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