Family Law Prof Blog

Editor: Margaret Ryznar
Indiana University
Robert H. McKinney School of Law

Saturday, April 10, 2021

New Mexico: Family Tax Credit

From Buffalo News:

Gov. Michelle Lujan Grisham on Tuesday signed into law a measure that supporters are billing as the most progressive shift in the state’s tax structure in years.

As for the Low-Income Comprehensive Tax Rebate, the new law will increase that up to $730, depending on income and family size. The previous maximum was $450.

The purpose, according to the Governor, is to lift more families out of poverty and strengthen the safety net for the most vulnerable people in our community under the anti-poverty efforts.

Read more here.

https://lawprofessors.typepad.com/family_law/2021/04/new-mexico-family-tax-credit.html

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