New Mexico governor signs bill to help financial strain
AP

New Mexico governor signs bill to help financial strain

  • Updated
{{featured_button_text}}

SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham on Monday signed a measure that would temporarily forgive tax-interest penalties during the coronavirus pandemic.

The bill also will boost temporary state payments to cities hit hard by the economic downturn, a provision that garnered support from business groups and municipal leaders.

The measure was among eight pieces of legislation that lawmakers passed during the recent special session, which focused primarily on solvency issues for state government. Lujan Grisham still has to act on the budget bill as well as legislation that would mandate police body cameras for nearly all state and local law enforcement officers.

“The financial pain caused by COVID-19 is real,” the governor said in a statement. “This bill will help New Mexicans who through no fault of their own were unable to pay their taxes on time. It will help local governments, and it will help small businesses, all of whom have been suffering the dreadful effects of this pandemic.”

For those New Mexicans unable to pay their taxes on time, the bill signed Monday temporarily waives interest and penalties on late tax payments. State officials say taxpayers must still file their tax returns in a timely manner, and payments can follow later.

The deadlines for personal and corporate income tax payments as well as gross receipts tax, withholding tax and property tax are now in April 2021.

Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Concerned about COVID-19?

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

  • Updated

WASHINGTON (AP) — Eight Republican lawmakers attended a White House briefing Monday about explosive allegations that Russia secretly offered bounties to Taliban-linked militants for killing American troops in Afghanistan — intelligence the White House insisted the president himself had not been fully read in on.

  • Updated

SIOUX FALLS, S.D. (AP) — President Donald Trump’s plans to kick off Independence Day with a showy display at Mount Rushmore have angered Native Americans, who view the monument as a desecration of land violently stolen from them and used to pay homage to leaders hostile to Indigenous people.

  • Updated

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom issued his sharpest warning yet on the rising coronavirus threat, announcing for the first time the state wanted a county to shut down again, pleading with residents to wear masks and reminding them that dozens of people are dying each day — 79 more reported Friday.

  • Updated

WASHINGTON (AP) — President Donald Trump on Sunday denied that he was made aware of U.S. intelligence officials’ conclusions that Russia secretly offered bounties to Taliban-linked militants for killing American troops in Afghanistan. The Trump administration was set to brief select members of Congress on the matter on Monday.

  • Updated

SAN FRANCISCO (AP) — With the coronavirus surging, at least four California counties on Friday paused or prepared to backtrack on their reopening plans in a bid to halt the spread of the virus. Gov. Gavin Newsom urged an agricultural county that borders Mexico to reimpose a stay-at-home mandate.

  • Updated

SIOUX FALLS, S.D. (AP) — President Donald Trump’s plans to kick off Independence Day with a showy display at Mount Rushmore have angered Native Americans, who view the monument as a desecration of land violently stolen from them and used to pay homage to leaders hostile to Indigenous people.

Get up-to-the-minute news sent straight to your device.

Topics

News Alerts

Breaking News