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Las Cruces officials get 2024 legislative wrap-up as city wins capital awards and tax fee phase‑out
Summary
City lobbyist Larry Horan and CAO Barbara Bancomo told the council April 8 that the 2024 New Mexico legislative session delivered capital outlay awards for local projects totaling $11,755,000, enacted a phased elimination of a 3% fee on gross‑receipts collections, and left several policy items — including criminal competency and paid family medical leave — to be addressed in future sessions.
Larry Horan, the city of Las Cruces’ state lobbyist, told the City Council on April 8 that the abbreviated 30‑day 2024 legislative session produced results that will affect municipal revenues and local projects. He described a fiscal backdrop of roughly $3.5 billion in excess state revenue and a reduced, targeted omnibus tax bill that passed this year.
Horan highlighted a bill that phases out the Taxation and Revenue Department’s 3% administrative fee for remitting gross‑receipts taxes to municipalities, saying the fee will phase out by fiscal year 2029 and that the city stands to save “about $8,000,000 over five years” in the 2019–2024 window. He described the change as significant for long‑range municipal finance.
Why it matters: the phase‑out reduces ongoing collection costs for Las Cruces and shifts more gross‑receipts revenues to local budgets. Horan said the tax package also contained technical fixes the city requested so local redevelopment…
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