Key Votes
SB 9 - Changes Corporate Income Tax Rates and Filing Requirements - Key Vote
New Mexico Key Votes
Lynda Lovejoy voted Yea (Passage) on this legislation.
Read recent statements Lynda Lovejoy made in this general time period.
Stages
- March 6, 2012 Executive Vetoed
- Feb. 15, 2012 House Bill Passed
- Feb. 13, 2012 Senate Bill Passed
- Dec. 15, 2011 Introduced
Family
Issues
Stage Details
Legislation - Vetoed (Executive) - March 6, 2012
Title: Changes Corporate Income Tax Rates and Filing Requirements
Legislation - Bill Passed (House) (36-33) - Feb. 15, 2012
Legislation - Bill Passed (Senate) (28-13) - Feb. 13, 2012 (Key vote)
Title: Changes Corporate Income Tax Rates and Filing Requirements
Vote to pass a bill that reduces corporate income tax rates and requires combined reporting for certain corporations beginning January 1, 2013.
-Reduces corporate income tax rates for net incomes over $1 million from 7.6 to 7.5 percent of income over $1 million (Sec. 1).
-Requires all corporations with at least one retail location of more than 30,000 square feet in New Mexico to include the net income of the entire corporation (Sec. 2).
Legislation - Introduced (Senate) - Dec. 15, 2011
Title: Changes Corporate Income Tax Rates and Filing Requirements
