New Mexico legislation · 2025 Regular Session
New Mexico HB199: Tax Return Info For Lfc Evaluation
Status: Vetoed, March 22, 2025
What the bill says
From the introduced text:
FIFTY-SEVENTH LEGISLATURE HB 199/a FIRST REGULAR SESSION, 2025 March 15, 2025 Mr. President: Your TAX, BUSINESS AND TRANSPORTATION COMMITTEE, to whom has been referred HOUSE BILL 199 has had it under consideration and reports same with recommendation that it DO PASS, amended as follows: 1. On page 3, line 2, after "otherwise", strike the remainder of the line, strike line 3 and strike line 4 up to the semicolon and insert in lieu thereof "authorized by the Tax Administration Act". 2. On page 6, line 13, before "and", insert ", Oil and Gas Proceeds and Pass-Through Entity Withholding Tax Act". 3. On page 6, line 15, strike the first occurrence of "to" and insert in lieu thereof "of at least". 4. On page 7, line 1, after the period, insert: "The department may require that the staff of the legislative finance committee satisfactorily complete appropriate training on protecting confidential information prior to receiving return information pursuant to this section.". 5. On page 7, line 9, before the period, insert ", redacting any prohibited information pursuant to Subsection B of this section". 6. On page 7, line 18, after "destroyed", strike the remainder of the line and strike line 19 up to the period and insert in lieu thereof "as soon as it is no longer required for the purposes authorized …
Sponsors
- Derrick J. Lente (D, HD-065) · primary sponsor
Votes
- Senate Final Passage (March 22, 2025): 34 yea, 0 nay, passed
- House Final Passage (March 3, 2025): 62 yea, 0 nay, passed
Common questions
- What is HB199?
- HB199 is a bill in the New Mexico Legislature (2025 Regular Session): Tax Return Info For Lfc Evaluation.
- What is the status of HB199?
- Vetoed as of March 22, 2025.
- Who sponsored HB199?
- Derrick J. Lente (D, HD-065).
- Where is the official record for HB199?
- On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=199&year=25
Source: official New Mexico record. Tracked by Delilah, AI for legislation across all 50 states and Congress.