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Committee advances amendments to clarify disabled‑veteran property tax exemption
Summary
The committee approved HB285 to clarify eligibility and administration of New Mexico's disabled‑veteran property tax exemption, including processes for protests and certification; sponsors said the bill has no fiscal impact and county assessors supported the changes.
Scope and purpose: Representative Dela Cruz introduced House Bill 2 85 to refine the state's disabled‑veteran property tax exemption. The amendment clarifies that the exemption applies only to a disabled veteran's primary residence, addresses ownership situations where multiple owners hold different qualifications, and standardizes protest and certification timing to reduce…
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