NM SB 28

Author

Crystal Brantley
P.O. Box 1947
Elephant Butte, NM 87935
505-986-4703
crystal.diamond@nmlegis.gov
Author Detail Link

i

Bill Text

Category

Rail Infrastructure Tax Credit

I

State

NM

d

Summary

Creates the Rail Infrastructure Income Tax Credit.

n

Issue

Creates the Rail Infrastructure Income Tax Credit and the Rail Infrastructure Corporate Income Tax Credit. Allows the Taxation and Revenue Department and the Department of Transportation to share information concerning rail infrastructure income tax credits and rail infrastructure corporate income tax credits.

k

Notes

Pending Committee action.

History

01/16/2024 Introduced in Senate. Referred to Senate Committee on Tax, Business and Transportation.