Protect New Mexico

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SB 047: UTILITY FACILITY PROPERTY TAX VALUATION

An Act Relating To Taxation; Requiring That A Contribution Made To A Utility For The Expansion, Improvement Or Replacement Of Service Or Facility Of The Utility Shall Not Be Subject To Valuation For Property Tax Purposes.

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NONE SB 047
UTILITY FACILITY PROPERTY TAX VALUATION

Legislative URL:
SB 047 on nmlegis.gov
Emergency Clause:
No
Germane:
Yes
Location:
Signed
Action:
SPREF [1] SCC/SCORC/SFC-SCC [5]germane-SCORC [10] DP/a-SFC [15] DP/a [16] PASSED/S (41-0) [14] HWMC [16] DP [18] PASSED/H (61-0) SGND BY GOV (Mar. 4) Ch. 49.
Issue(s):

Related Legislators

Bill Sponsor:

Related Documents

Downloads:
Introduced
SCC Committee Report
SCORC Committee Report
SFC Committee Report
Final Senate Vote
HWMC Committee Report
Final House Vote
Fiscal Impact Report
Final Version
Summary

This bill is currently considered to have “no conservation impact (NCI).” Protect New Mexico does not provide a summary for bills that receive a NCI rating. A bill receives an NCI rating when it is viewed to be outside the scope of conservation bills but may be of interest from a political or nonprofit perspective. Bills may also receive a NCI rating if it has a title that sounds like it might involve conservation but in reality does not.