2019 SB 499 Climate Change Compliance Tax Credits

CVNM Position:
Oppose
Year:
2019
Sponsors:
William E. Sharer
Topics:
Energy & Climate Change
Legislative Info:
SB 499 on nmlegis.gov »

Description

SB 499 would have allowed a taxpayer who is subject to the Severance Tax Act, Oil and Gas Severance Tax Act, Oil and Gas Conservation Tax Act, Oil and Gas Emergency School Tax Act, Natural Gas Processors Tax Act or Oil and Gas Ad Valorem Production Tax to take a tax credit for costs incurred to comply with executive order 2019-003, which addressed climate change and ordered that the state will take measures to support the 2015 Paris Agreement Goals.

Outcome

SB 499 died on the Senate Corporations and Transportation Committee calendar.


How Legislators Voted on SB 499


  • = Pro Conservation Vote
  • = Anti Conservation Vote
  • A = Absent
  • E = Excused
  • R = Recused
  • W = Abstain
Legislator Party District Office Conservation
Vote
Year
Cervantes, Joseph (D) D 31 Senator 2019
Griggs, Ron (R) R 34 Senator 2019
Martinez, Richard C. (D) D 5 Senator E 2019
Payne, William H. (R) R 20 Senator 2019
Sedillo Lopez, Antoinette (D) D 16 Senator 2019
Sharer, William E. (R) R 1 Senator 2019
Soules, William P. (D) D 37 Senator 2019
Stefanics, Elizabeth "Liz" (D) D 39 Senator 2019
Wirth, Peter (D) D 25 Senator E 2019
Woods, Pat (R) R 7 Senator 2019