New Mexico HB142: RURAL HEALTH CARE TAX CREDIT CHANGES

What the bill says

An act relating to taxation; changing the name of the rural health care practitioner tax credit; expanding the credit to include a health care practitioner providing services in an urban health care underserved area; increasing the amount of credit that can be claimed for a health care practitioner in a rural health care underserved area; reducing the number of practice hours required for an emergency medical physician to be eligible for the credit.

From the introduced text, January 22, 2026:

AN ACT RELATING TO TAXATION; CHANGING THE NAME OF THE RURAL HEALTH CARE PRACTITIONER TAX CREDIT; EXPANDING THE CREDIT TO INCLUDE A HEALTH CARE PRACTITIONER PROVIDING SERVICES IN AN URBAN HEALTH CARE UNDERSERVED AREA; INCREASING THE AMOUNT OF CREDIT THAT CAN BE CLAIMED FOR A HEALTH CARE PRACTITIONER IN A RURAL HEALTH CARE UNDERSERVED AREA; REDUCING THE NUMBER OF PRACTICE HOURS REQUIRED FOR AN EMERGENCY MEDICAL PHYSICIAN TO BE ELIGIBLE FOR THE CREDIT. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: SECTION 1. Section 7-2-18.22 NMSA 1978 (being Laws 2007, Chapter 361, Section 2, as amended) is amended to read: "7-2-18.22. [RURAL] HEALTH CARE PRACTITIONER TAX CREDIT.-- A. A taxpayer who files an individual New Mexico .232663.1 wen = lairetam derocsrednu eteled = ]lairetam detekcarb[ tax return, who is not a dependent of another individual, who is [an eligible] a health care practitioner and who has provided health care services in New Mexico in a rural health care underserved area or an urban health care underserved area in a taxable year may claim a credit against the tax liability imposed by the Income Tax Act. The credit provided in this section may be referred to as the "[rural] health care practitioner tax credit". B. The [rural] health care practitioner tax credit may be claimed [and allowed] …

Read the full official text

Sponsors

• Sarah Silva (D, HD-053) · primary sponsor
• Anita Gonzales (D, HD-070)

Latest actions

1. January 28, 2026: HHHC: Reported by committee with Do Pass recommendation
2. January 22, 2026: Sent to HHHC - Referrals: HHHC/HTRC
3. : Action Postponed Indefinitely

Common questions

What is HB142?

HB142 is a bill in the New Mexico Legislature (2026 Regular Session): RURAL HEALTH CARE TAX CREDIT CHANGES.

What does HB142 do?

In its own words: An act relating to taxation; changing the name of the rural health care practitioner tax credit; expanding the credit to include a health care practitioner providing services in an urban health care underserved area; increasing the amount of credit that can be claimed for a health care practitioner in a rural health care underserved area; reducing the number of practice hours required for an emergency medical physician to be eligible for the credit.

What is the status of HB142?

In committee as of January 28, 2026. Latest action: HHHC: Reported by committee with Do Pass recommendation (January 28, 2026).

Who sponsored HB142?

Sarah Silva (D, HD-053), with 1 co-sponsor.

Where is the official record for HB142?

On the New Mexico Legislature website: https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=142&year=26