CALL TO ACTION!!! HB163
We need your help! Please take some time to contact these legislators and tell them you oppose HB163. #notoHB163NM
HB163: Unimproved Land Property Tax Valuation
Sponsored by Rep. Nate Gentry, Rep. Bobby Gonzales, Sen. Peter Wirth and Sen. Steve Neville, HB163 creates a new conservation schedule for property taxation purposes. Unimproved land used primarily to conserve the land under a qualified conservation management plan shall be valued at five percent of its current and correct value. Eligibility for this method of valuation is limited to unimproved land (1) valued in the previous year as agricultural land but which is no longer eligible for that status and (2) is either greater than 10 acres or, if less, has water rights for agricultural purposes. NMF&LB opposes this bill as a top priority since current tax law already allows for a conservation designation, the bill impedes economic activity and it reduces tax revenue available to school districts.
HB163 has been scheduled in House Local Government, Elections, Land Grants & Cultural Affairs Committee for tomorrow (Thursday), February 1, 2018 at 1:30 pm in capitol room 315.
Here is the committee contact information:
Miguel Garcia (D) Chair 505.986.4844 firstname.lastname@example.org
Daymon Ely (D) Vice Chair 505.986.4336 email@example.com
David Adkins (R) 505.986.4467 firstname.lastname@example.org
Zachary Cook (R) 505.986.4233 email@example.com
Doreen Gallegos (D) 505.986.4780 firstname.lastname@example.org
Nate Gentry (R) 505.986.4757 email@example.com
Debbie Rodella (D) 505.986.4329 firstname.lastname@example.org
If you have any further questions, don’t hesitate to contact our offices. Thank you for your time and effort on this legislation!