FIFTY-SEVENTH LEGISLATURE

FIRST REGULAR SESSION, 2025

February 18, 2025

 

 

 

Mr. Speaker:

 

    Your RURAL DEVELOPMENT, LAND GRANTS AND CULTURAL AFFAIRS COMMITTEE, to whom has been referred

 

HOUSE BILL 326

 

has had it under consideration and reports same with recommendation that it DO PASS, amended as follows:

 

    1. On page 2, lines 5 and 6, strike "declared by the governor as a disaster" and insert in lieu thereof "for which a governor's state of emergency proclamation has been issued in response to a disaster or emergency event".

 

     2. On page 2, line 7, after the semicolon, insert "provided that the area for which the proclamation is issued shall not encompass all of New Mexico;".

 

     3. On page 2, line 11, after "that", insert ", in the taxable year for which the credit is claimed,".

 

     4. On page 2, line 12, before the semicolon, insert "as compared to the previous taxable year".,

 

 

and thence referred to the TAXATION & REVENUE COMMITTEE.                         

                             Respectfully submitted,

 

 

 

 

                                                                 

Linda Serrato, Chair

 

 

Adopted     Not Adopted

           (Chief Clerk)                            (Chief Clerk)

 

Date

 

 

The roll call vote was 6 For 0 Against

Yes:      Cullen, Gonzales, Lord, Mason, Sanchez, Serrato

No:       0

Excused:  None

Absent:   None

 

 

230928.1

 

HB0326RD1.wpd 

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