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Court of Appeals dissolves injunction; Santa Fe's high-end excise tax becomes effective
Santa Fe City Council · October 30, 2025
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Summary
The City of Santa Fe will implement its voter-approved high-end excise tax for affordable housing after the New Mexico Court of Appeals dissolved the district court injunction that had kept the measure from taking effect.
The City of Santa Fe will implement its voter-approved high-end excise tax for affordable housing after the New Mexico Court of Appeals dissolved the district court injunction that had kept the measure from taking effect.
The city attorney briefed the governing body that the ordinance, codified in the city code at section 18-18, requires buyers to pay a 3%…
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