summary
Introduced
01/23/2017
01/23/2017
In Committee
02/02/2017
02/02/2017
Crossed Over
02/05/2017
02/05/2017
Passed
01/28/2017
01/28/2017
Dead
Vetoed
02/17/2017
02/17/2017
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 eliminates the exemption that currently applies to rentals where the occupant has a written agreement for lodging for at least 30 consecutive days or has been a permanent resident of the premises for at least 30 consecutive days. The bill makes these short-term rentals subject to the occupancy tax, which is a tax imposed on the rental of lodging accommodations. The bill has an effective date of January 1, 2018.
Committee Categories
Budget and Finance, Business and Industry, Transportation and Infrastructure
Sponsors (1)
Last Action
[LD 32] Senate has concurred in House amendments on a Senate bill Vetoed by the Governor and date. (on 02/17/2017)
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=S&legtype=B&legno=254&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/SB0254.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/senate/SB0254.pdf |
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