New Mexico 2023 Regular Session

New Mexico House Bill HB186

Introduced
1/25/23  
Report Pass
2/15/23  
Report Pass
2/23/23  
Engrossed
2/28/23  
Report Pass
3/10/23  
Enrolled
3/15/23  
Chaptered
3/30/23  

Caption

Disabled Veteran Property Tax Proof

Impact

The bill is expected to streamline the process of claiming property tax exemptions for disabled veterans, ultimately fostering a more supportive environment for veterans in New Mexico. The automatic application of exemptions without the need for recurrent proof of eligibility is significant, as it reduces paperwork and provides financial relief. The changes also involve penalties for fraudulent claims, enhancing oversight over the application process while safeguarding the integrity of the property tax exemption meant for veterans.

Summary

House Bill 186 is an act that modifies the requirements for claiming property tax exemptions for disabled veterans in New Mexico. The bill provides more flexibility concerning the proof of eligibility for these exemptions. If a disabled veteran's status or property ownership remains unchanged, the bill allows for automatic renewal of their property tax exemptions in subsequent years without the need for reapplication. This legislative change aims to alleviate the administrative burden on disabled veterans and ensure they receive their entitled benefits consistently.

Sentiment

The sentiment surrounding HB 186 appears to be overwhelmingly positive among lawmakers and advocacy groups who support veteran rights. Proponents argue that simplifying exemption claims directly benefits disabled veterans, allowing them to focus on their lives rather than administrative hurdles. Legislative discussions highlighted a shared commitment to honoring military service by easing financial burdens on veterans. However, there may be some dissent related to the regulatory aspects concerning the verification of claims to prevent misuse of the exemptions.

Contention

While HB 186 has garnered support, there were concerns regarding how the automatic renewal of exemptions could be managed to prevent potential misuse. Critics suggested that the bill could inadvertently allow for some individuals to exploit the system by failing to report ineligibility. Thus, adequate checks and balances were emphasized to avoid any fraudulent claims, ensuring that only those veterans genuinely entitled to the exemptions benefit from them.

Companion Bills

No companion bills found.

Previously Filed As

NM SB300

Disabled Veteran Property Tax Exemption

NM HB195

Tax Proof Of Disabled Veteran Status

NM HB47

Veteran Property Tax Exemptions

NM SB192

Veteran Property Tax Exemptions

NM SB00787

An Act Exempting Certain Disabled Veterans From Property Tax.

NM HB494

Tax Exemptions For Veterans

NM SB404

Property taxation: senior and disabled veterans.

NM HB1266

The property tax credit for disabled veterans; and to provide an effective date.

NM A1246

Extends eligibility for property tax benefits to veterans, 100 percent service-disabled veterans, and senior citizens and persons with disabilities who pay payments in lieu of property taxes.

NM A5760

Extends eligibility for property tax benefits to veterans, 100 percent service-disabled veterans, and senior citizens and persons with disabilities who pay payments in lieu of property taxes.

Similar Bills

No similar bills found.