2016 SB 104 Renewable Energy Tax Credit Eligibility
- CVNM Position:
- Support
- Year:
- 2016
- Sponsors:
-
Clemente Sanchez
George Dodge Jr.
David M. Gallegos
- Topics:
- Energy & Climate Change
- Legislative Info:
- SB 104 on nmlegis.gov »
Description
SB 104 (and its companion HB 175) would have had the positive effect of encouraging an increase in the production of renewable energy. These bills would have added geothermal energy as a qualified renewable energy source, increased the total amount of electricity that may have been produced by qualified energy generators, and extended the date by which a qualified energy generator must have first produced electricity to qualify for the renewable energy production tax credit. They would have limited the period for which a taxpayer may have claimed the renewable energy production tax credit to 10 years, and added a sunset provision to the Renewable Energy Production Tax Credit.
Outcome
SB 104 died in the Senate Corporations and Transportation Committee. HB 175 died in the House Ways and Means Committee.
How Legislators Voted on SB 104
- = 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 | 2016 | |
| Martinez, Richard C. (D) | D | 5 | Senator | 2016 | |
| Payne, William H. (R) | R | 20 | Senator | 2016 | |
| Ryan, John (R) | R | 10 | Senator | 2016 | |
| Sanchez, Clemente (D) | D | 30 | Senator | 2016 | |
| Sharer, William E. (R) | R | 1 | Senator | 2016 | |
| Soules, William P. (D) | D | 37 | Senator | 2016 | |
| Stewart, Mimi (D) | D | 17 | Senator | 2016 | |
| Wirth, Peter (D) | D | 25 | Senator | 2016 | |
| Woods, Pat (R) | R | 7 | Senator | E | 2016 |