Sat Mar 8 4:44PM - 13 days, 18 hours left in session
| Sponsors | ||
|---|---|---|
| Rep. Doreen Y. Gallegos | 52 | Doña Ana |
| Rep. Linda Serrato | 45 | Santa Fe |
| Rep. Pamelya Herndon | 28 | Bernalillo |
| Rep. Patricia A. Lundstrom | 9 | McKinley |
| Rep. D. Wonda Johnson | 5 | McKinley & San Juan |
| Status | |||
|---|---|---|---|
| HCEDC ✓ | Passed, Feb 5, with Do Pass recommendation | ||
| HTRC ❓ | Was scheduled for Feb 10. No vote recorded. Presumed stalled. | ||
This is the official nmlegis action history. I'm doing my best to translate the LONG/WEIRD-STRING to something less gibberishy. And before you ask, no, the "Legis Day" number has no mapping to the real world.
Actions: [2] HCEDC/HTRC-HCEDC [4] DP-HTRC
| Legis Day | Action | Details | ||
|---|---|---|---|---|
| 2 | referred | HCEDC/HTRC | ||
| 2 | sent | HCEDC | ||
| 4 | passed | HCEDC (view committee report) | DP | 10-0 |
| 4 | sent | HTRC |
This table shows bill actions detected on Ed's system, using heuristics that may not be 100% accurate and which may not reflect the "official" nmlegis chronology. It is probably more than you care to know.
| Jan 28 | filed: [Prefiled by Doreen Y. Gallegos et al; not yet on nmlegis] |
| [new] | |
| sent to HCEDC | |
| title: '[prefiled by Doreen Y. Gallegos Et Al; Not Yet on Nmlegis]' -> 'Saturday After Thanksgiving GRT Sunset' | |
| actions: 'HPREF' -> '[2] HCEDC/HTRC-HCEDC' | |
| new sponsor: Doreen Y. Gallegos | |
| new sponsor: Linda Serrato | |
| new sponsor: Pamelya Herndon | |
| new sponsor: Patricia A. Lundstrom | |
| new sponsor: D. Wonda Johnson | |
| Jan 30 | scheduled for HCEDC on Wed Feb 5, 13:30 |
| Feb 2 | removed from HCEDC agenda Wed Feb 5, 13:30 |
| added to HCEDC agenda on Wed Feb 5, 13:30 | |
| Feb 6 | passed HCEDC; sent to HTRC |
| actions: '[2] HCEDC/HTRC-HCEDC' -> '[2] HCEDC/HTRC-HCEDC [4] DP-HTRC' | |
| Feb 7 | added to HTRC agenda on Mon Feb 10, 08:30 |
HOUSE BILL 179
57th legislature - STATE OF NEW MEXICO - first session, 2025
INTRODUCED BY
Doreen Y. Gallegos and Linda Serrato and Pamelya Herndon
and Patricia A. Lundstrom and D. Wonda Johnson
AN ACT
RELATING TO TAXATION; EXTENDING THE SUNSET DATE FOR A GROSS RECEIPTS TAX DEDUCTION FOR RETAIL SALES MADE BY CERTAIN BUSINESSES ON THE FIRST SATURDAY AFTER THANKSGIVING.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 7-9-116 NMSA 1978 (being Laws 2018, Chapter 46, Section 1, as amended) is amended to read:
"7-9-116. DEDUCTION--GROSS RECEIPTS TAX--RETAIL SALES BY CERTAIN BUSINESSES.--
A. Prior to July 1, [2025] 2030, receipts from the sale at retail of the following types of tangible personal property may be deducted if the sales price of the property is less than five hundred dollars ($500) and:
(1) the sale occurs during the period beginning at 12:01 a.m. on the first Saturday after Thanksgiving and ending at midnight on the same Saturday;
(2) the sale is for:
(a) an article of clothing or footwear designed to be worn on or about the human body;
(b) accessories, including jewelry, handbags, book bags, backpacks, luggage, wallets, watches and similar items worn or carried on or about the human body, without regard to whether worn on the body in a manner characteristic of clothing;
(c) sporting goods and camping equipment;
(d) tools used for home improvement, gardening and automotive maintenance and repair;
(e) books, journals, paper, writing instruments, art supplies, greeting cards and postcards;
(f) works of art, including any painting, drawing, print, photograph, sculpture, pottery or ceramics, carving, textile, basketry, artifact, natural specimen, rare book, authors' papers, objects of historical or technical interest or other article of intrinsic cultural value;
(g) floral arrangements and indoor plants;
(h) cosmetics and personal grooming items;
(i) musical instruments;
(j) cookware and small home appliances for residential use;
(k) bedding, towels and bath accessories;
(l) furniture;
(m) a toy or game that is a physical item, product or object clearly intended and designed to be used by children or families in play;
(n) a video game or video game console and any associated accessories for the video game console; or
(o) home electronics such as computers, phones, tablets, stereo equipment and related electronics accessories; and
(3) the sale is made by a seller that carries on a trade or business in New Mexico, maintains its primary place of business in New Mexico, as determined by the department, and employed no more than ten employees at any one time during the previous fiscal year.
B. Receipts for sales made by a business that operates under a franchise agreement may not be deducted pursuant to this section.
C. The purpose of the deduction provided by this section is to increase sales at small local businesses.
D. A taxpayer allowed a deduction pursuant to this section shall report the amount of the deduction separately in a manner required by the department.
E. The [department shall compile an annual report on the deduction provided by this section that shall include the number of taxpayers that claimed the deduction, the aggregate amount of deductions claimed and any other information necessary to evaluate the effectiveness of the deduction. The department shall present the annual report to the revenue stabilization and tax policy committee and the legislative finance committee with an analysis of the effectiveness and cost of the deduction and whether the deduction is performing the purpose for which it was created] deduction provided by this section shall be included in the tax expenditure budget pursuant to Section 7-1-84 NMSA 1978, including the total annual aggregate cost of the deduction."
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