Gov. Michelle Lujan Grisham signs House Bill 163 on March 8 at Mary Esther Gonzales Senior Center. The measure cuts several taxes statewide. The governor is said to be working with state lawmakers to provide additional tax relief to New Mexicans to combat rising gasoline costs.
Linda Bernal holds her grandson, Luciano Martinez, 3, while she listens to Gov. Michelle Lujan Grisham speak after signing House Bill 163 on Tuesday at Mary Esther Gonzales Senior Center. The measure cuts several taxes.
Gov. Michelle Lujan Grisham signs House Bill 163 on March 8 at Mary Esther Gonzales Senior Center. The measure cuts several taxes statewide. The governor is said to be working with state lawmakers to provide additional tax relief to New Mexicans to combat rising gasoline costs.
Linda Bernal holds her grandson, Luciano Martinez, 3, while she listens to Gov. Michelle Lujan Grisham speak after signing House Bill 163 on Tuesday at Mary Esther Gonzales Senior Center. The measure cuts several taxes.
Gov. Michelle Lujan Grisham signed a sweeping tax bill into law Tuesday, promising the legislation would provide financial relief to a “wide swath” of New Mexicans — including grandparents who are raising some of the state’s youngest residents.
The governor and legislators who attended the bill signing said New Mexicans should expect more tax reform in the future.
Among the most touted cuts in the omnibus tax package passed during the 30-day legislative session that ended in February is a provision that exempts Social Security benefits from taxation for low- and middle-income seniors.