VMFC Supports SB54/HB433 Armed Forces Tax Credit
In New Mexico, beginning in 2022, up to $10,000 of military retirement pay is not taxed by the state. That amount increases to $20,000 in 2023, and to $30,000 until…
VMFC Supports HJR8 Legislative Salaries
New Mexico is the LAST state in the nation that does not pay its legislators a salary.HJR 8 proposes that our legislators be paid a salary. It also creates a citizen…
VMFC Supports HJR6 Increase Veteran Property Tax Exemption
Currently, up to $4,000 of the taxable value of property, including the community or joint property of husband and wife, is exempt from the imposition of the tax if the…