0001|                   SENATE JOINT RESOLUTION 16
    |
0002|     42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION,
    |
0003|     1996
    |
0004|                         INTRODUCED BY
    |
0005|                        MANNY M. ARAGON
    |
0006|     
    |
0007|                                
    |
0008|     
    |
0009|     
    |
0010|     
    |
0011|                       A JOINT RESOLUTION
    |
0012|     PROPOSING AN AMENDMENT TO ARTICLE 8 OF THE CONSTITUTION OF NEW
    |
0013|     MEXICO TO INCREASE THE PROPERTY TAX EXEMPTION FOR HEADS OF
    |
0014|     FAMILY.
    |
0015|     
    |
0016|     BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
    |
0017|       Section 1.  It is proposed to amend Article 8, Section 5 of
    |
0018|     the constitution of New Mexico to read:
    |
0019|       "<u>Beginning in 1997</u> the legislature shall exempt from
    |
0020|     taxation of property <s>[of]</s> <u>for</u> each head of the family <s>[to
</s>    |
<s></s>0021| <s>    the amount of two thousand dollars ($2,000) as follows: in 1989,
</s>    |
<s></s>0022| <s>    the legislature shall exempt from taxation eight hundred dollars
</s>    |
<s></s>0023| <s>    ($800); in 1991, one thousand four hundred dollars ($1,400) and
</s>    |
<s></s>0024| <s>    beginning; in 1993, two thousand dollars ($2,000)]</s> <u>the amount
</u>    |
<u></u>0025| <u>    of twenty thousand dollars ($20,000)</u>.  The legislature shall
    |
0001|     also exempt from taxation the property, including the community
    |
0002|     or joint property of husband and wife, of every honorably
    |
0003|     discharged member of the armed forces of the United States who
    |
0004|     served in such armed forces during any period in which they were
    |
0005|     or are engaged in armed conflict under orders of the president
    |
0006|     of the United States, and the widow or widower of every such
    |
0007|     honorably discharged member of the armed forces of the United
    |
0008|     States, in the sum of two thousand dollars ($2,000).  Provided,
    |
0009|     that in every case where exemption is claimed on the ground of
    |
0010|     the claimant's having served with the armed forces of the United
    |
0011|     States as aforesaid, the burden of proving actual and bona fide
    |
0012|     ownership of such property upon which exemption is claimed,
    |
0013|     shall be upon the claimant."
    |
0014|       Section 2.  The amendment proposed by this resolution shall
    |
0015|     be submitted to the people for their approval or rejection at
    |
0016|     the next general election or at any special election prior to
    |
0017|     that date which may be called for that purpose.
    |
0018|                                    
    |
0019|   
    |
0020|                    FORTY-SECOND LEGISLATURE
    |
0021|                      SECOND SESSION, 1996
    |
0022|   
    |
0023|   
    |
0024|                                              February 3, 1996
    |
0025|   
    |
0001|   Mr. President:
    |
0002|   
    |
0003|     Your RULES COMMITTEE, to whom has been referred
    |
0004|   
    |
0005|                   SENATE JOINT RESOLUTION 16
    |
0006|   
    |
0007|   has had it under consideration and reports same with
    |
0008|   recommendation that it DO PASS, and thence referred to the 
    |
0009|   WAYS AND MEANS COMMITTEE.
    |
0010|   
    |
0011|                              Respectfully submitted,
    |
0012|   
    |
0013|   
    |
0014|   
    |
0015|                              __________________________________
    |
0016|                              Gloria Howes, Chairman 
    |
0017|   
    |
0018|   
    |
0019|   
    |
0020|   Adopted_______________________ Not Adopted_______________________
    |
0021|             (Chief Clerk)                          (Chief Clerk)
    |
0022|   
    |
0023|   
    |
0024|                     Date ________________________
    |
0025|   
    |
0001|   
    |
0002|   The roll call vote was <u> 6 </u> For <u> 0 </u> Against
    |
0003|   Yes:  6
    |
0004|   No:        0
    |
0005|   Excused:   E. Jennings, Wray, Donisthorpe
    |
0006|   Absent:    
    |
0007|   
    |
0008|   
    |
0009|   SJR16RU1
    |
0010|   
    |
0011|   
    |