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Committee advances amendment to clarify disabled veterans property tax exemption
Summary
The House Labor, Veterans and Military Affairs Committee advanced House Bill 285 as amended to clarify administration of New Mexico's disabled veterans property tax exemption, including that it applies only to a disabled veteran's primary residence and streamlines protest timing for county assessors. Supporters said it reduces confusion; members asked agencies for data on non-homeowner veterans.
Representative De La Cruz presented House Bill 285 as amended to the House Labor, Veterans and Military Affairs Committee and said the measure's aim is to "refine New Mexico's disabled veterans property tax exemption" by clarifying eligibility and reducing administrative uncertainty.
The sponsor and staff said the amendment removes duplicative statutory language and makes clear the exemption applies to a disabled veteran's primary residence; they said the change is intended to produce no fiscal impact at the state level while giving county assessors clearer, uniform guidance. "It is important to note ... this…
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