2016 HB 107 Reduced Tax Rate For Certain Oil & Gas Wells

CVNM Position:
Oppose
Priority:
CVNM Priority Vote
Year:
2016
Sponsors:
James R.J. Strickler
Topics:
Energy & Climate Change
Legislative Info:
HB 107 on nmlegis.gov »

Description

HB 107 would have given a tax break to operators of oil and gas wells that use certain technologies to separate oil and natural gas, if the price of oil dropped to a designated threshold. This was a bail out of the oil and gas industry at the expense of the tax-paying public.

Outcome

HB 107 died in the House Ways and Means Committee.


How Legislators Voted on HB 107


  • = Pro Conservation Vote
  • = Anti Conservation Vote
  • A = Absent
  • E = Excused
  • R = Recused
  • W = Abstain
Legislator Party District Office Conservation
Vote
Year
Gallegos, David M. (R) R 61 Representative 2016
Gentry, Nate (R) R 30 Representative 2016
Maestas Barnes, Sarah (R) R 15 Representative 2016
Scott, Larry R. (R) R 62 Representative 2016
Strickler, James R.J. (R) R 2 Representative 2016
Townsend, James G. (R) R 54 Representative 2016
Egolf, Brian F. (D) D 47 Representative 2016
Lechuga-Tena, Idalia (D) D 21 Representative 2016
Martínez, Javier  (D) D 11 Representative 2016
McQueen, Matthew  (D) D 50 Representative 2016
Steinborn, Jeff  (D) D 35 Representative 2016