2014 League Legislative Priorities
The New Mexico Municipal League Board of Directors has prioritized 2013-2014 Resolutions and Statement of Municipal Policy for the 2014 Legislative Session beginning in January.
At its October 5 meeting, the Board made amending the phase-out of the hold harmless distribution contained in the 2013’s House Bill 641 the League’s main priority. The League will seek to allow a distribution to municipalities that enact all of the 3/8ths percent new local gross receipts tax if the new tax does not generate enough revenue to equal the current hold harmless distribution.
Additionally, the League will support legislation to return food to the gross receipts tax base for local gross receipts tax rates, including the 1.225 percent. This proposal also calls for legislation that would increase the Low Income Tax Credit, repeal of the Hold Harmless Distribution in one year instead of 17 and reduce the state tax rate from 5.125 percent to 5 percent.
Another priority will be urging the Legislature and Governor to examine tax expenditures such as credits, exemptions and deductions for tax purposes.
The League will also actively support passage of a General Obligation Bond bill for $29 million for libraries in the November, 2014 General Election.
League staff will continue to monitor all legislation introduced during the 30-day session that affects local government operations.