New Mexico 2025 Regular Session

New Mexico Senate Bill SB129

Introduced

1/23/25

Rail Infrastructure Tax Credit

No companion bills found.

Income tax; extend repealer on credit for certain railroad expenditures.

Income tax; extend repealer on credit for certain railroad expenditures.

Income tax; extend repealer on credit for certain railroad expenditures.

Road funding.

Authorizes a tax credit for certain railroad infrastructure investments

Permits counties to charge a fee to fund infrastructure through voter approval.

Quantum Facility Infrastructure Tax Credit

Short line railroad tax credit.