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.172126.1
HOUSE MEMORIAL 17
48
TH LEGISLATURE
- STATE OF NEW MEXICO -
SECOND SESSION
, 2008
INTRODUCED BY
Thomas A. Anderson
A MEMORIAL
REQUESTING THE ECONOMICS DEPARTMENT AT NEW MEXICO STATE
UNIVERSITY TO ESTABLISH A TASK FORCE TO EXAMINE THE ECONOMIC
BENEFIT OF PROVIDING A PERSONAL INCOME TAX EXEMPTION FOR
RETAINER PAY MADE TO RETIRED MILITARY SERVICE PERSONNEL.
WHEREAS, retired military personnel have significant
resources to offer New Mexico and their retirement in the state
would provide economic development opportunities;
NOW, THEREFORE, BE IT RESOLVED BY THE HOUSE OF
REPRESENTATIVES OF THE STATE OF NEW MEXICO that the economics
department at New Mexico state university be requested to
establish a task force to examine the economic benefit of
providing a personal income tax exemption for retainer pay made
to retired military service personnel; and
BE IT FURTHER RESOLVED that the task force be chaired by
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.172126.1
an academic with established credentials in economics and that
the task force include: two assigned personnel from the
taxation and revenue department; one person from the economic
development department; one person with tax experience in New
Mexico and with experience in federal tax law; two persons
appointed by the governor; two persons recommended by the
military officers association of America; two enlisted retired
military service personnel designated by veterans'
associations; and at least one woman representing retired
military service personnel widows; and
BE IT FURTHER RESOLVED that the task force report its
findings and recommendations to the appropriate interim
committee of the legislature by December 15, 2008; and
BE IT FURTHER RESOLVED that a copy of this memorial be
transmitted to the chair of the economics department at New
Mexico state university.
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