HOUSE JOINT RESOLUTION 7

52nd legislature - STATE OF NEW MEXICO - first session, 2015

INTRODUCED BY

Miguel P. Garcia

A JOINT RESOLUTION

PROPOSING AN AMENDMENT TO ARTICLE 8 OF THE CONSTITUTION OF NEW MEXICO TO PROVIDE AN EXEMPTION FROM PROPERTY TAXATION FOR LOW-INCOME PERSONS WHO ARE ONE HUNDRED PERCENT DISABLED.

BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:

     SECTION 1. It is proposed to amend Article 8 of the

constitution of New Mexico by adding a new section to read:

     "The legislature shall exempt from taxation the residential property, including the community or joint property of married individuals, of a one-hundred-percent permanently disabled person who occupies the property as the person's principal place of residence and who has a household annual modified gross income of fifteen thousand dollars ($15,000) or less. The burden of proving eligibility for the exemption in this section is on the person claiming the exemption. Enabling legislation for this exemption shall include a provision to index the modified gross income of a person, including income of the person's spouse and dependents, approved to receive the exemption set forth in this section to account for inflation and shall have an effective date of January 1 of the year following the legislative session in which it is enacted."

     SECTION 2. The amendment proposed by this resolution shall be submitted to the people for their approval or rejection at the next general election or at any special election prior to that date that may be called for that purpose.

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