Measure on the ballot in the 2024 New Mexico General Election in New Mexico.
View your personalized ballot, check your voter registration, make a plan to vote, and research every name and measure on the ballot with BallotReady.
Get StartedThe measure would amend section 15 of Article VIII of the state constitution to extend property tax exemptions for permanent, service connected disabilities to veterans and for the widow or widower of a veteran who qualifies.
A yes vote supports amending the state constitution to extend the disabled veteran property tax exemption to all disabled veterans (or their widows or widowers) in proportion to their federal disability rating.
A no vote opposes amending the state constitution to extend the disabled veteran property tax exemption to all disabled veterans (or their widows or widows) in proportion to their federal disability rating, thereby maintaining that the exemption only applies to veterans with a federal disability rating of 100%.
"Exemption would provide disabled veterans protection from rising property taxes. Allowing the property tax exemption for veterans with a permanent service-connected disability will support property-owning disabled veterans and their widowed spouses in an amount proportional to the percentage of the veteran's disability rating. This may be especially beneficial to many who are now or will soon be living on fixed incomes, since their property taxes may keep increasing even though their incomes do not." - New Mexico Legislature's Summary of and Arguments for & Against, in support of Constitutional Amendment 1 (Learn more)
"Exemption may benefit those who do not need financial assistance. The exemption may be too broad in application since it would apply to any veteran who has been determined to have a permanent service-connected disability, regardless of financial status. If the purpose is to relieve the financial burden on those who are unable, due to their disability, to pay property taxes, then the exemption should target those with limited incomes." - New Mexico Legislature's Summary of and Arguments for & Against, in opposition to Constitutional Amendment 1 (Learn more)
"Benefits of exemption for veterans outweigh extra costs for other taxpayers. The estimated cost of an additional annual per capita burden of $34.00 for the general population of the state is comparatively low to the benefit provided to the nearly 30,000 service-related disabled veterans with property tax liability in the state." - New Mexico Legislature's Summary of and Arguments for & Against, in support of Constitutional Amendment 1 (Learn more)
"Exemption excludes other property taxpayers who are disabled due to work-related injuries. The nation has maintained an all-volunteer military for many years, so military service is a chosen employment. There are many dangerous but necessary occupations with a high chance of disability from injury, so it is unclear why disabled veterans warrant preferable treatment in comparison to other disabled persons. There is no justification for the state to give a property tax exemption to only one class of disabled workers based solely on their choice of employment." - New Mexico Legislature's Summary of and Arguments for & Against, in opposition to Constitutional Amendment 1 (Learn more)
Proposing an amendment to Article 8, Section 15 of the Constitution of New Mexico to extend a property tax exemption, currently only allowed for one hundred percent disabled veterans and their widows and widowers, to veterans with less than a one hundred percent disability and their widows and widowers and basing the amount of the exemption on a veteran's federal disability rating.
View your personalized ballot, check your voter registration, make a plan to vote, and research every name and measure on the ballot with BallotReady.