Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Committee advances bill to extend TRIGGER tax credit for New Mexico firms to work with national labs

House of Representatives · January 30, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The House Commerce & Economic Development committee voted 9–1 to pass House Bill 82, which extends and gradually expands the TRIGGER technology‑readiness gross receipts tax credit to help New Mexico small businesses partner with Sandia and Los Alamos National Laboratories and speed commercialization of lab innovations.

The House Commerce & Economic Development Committee voted 9–1 to pass House Bill 82, a measure to extend and incrementally expand the technology‑readiness gross receipts tax credit known as TRIGGER so smaller New Mexico companies can access expertise and facilities at Sandia and Los Alamos national laboratories.

The bill’s sponsor told the committee that HB82 “extends and expands the tax credit that helps New Mexico businesses access the technology expertise and facilities at our national labs, including Sandia and Los Alamos,” and said the…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans