2006 HB 462 Tax Increment for Development Act

CVNM Position:
Support
Year:
2006
Sponsors:
Ben Lujan
Mary Kay Papen
Topics:
Land
Legislative Info:
HB 462 on nmlegis.gov »

Description

HB462 and its companion SB495 authorize the establishment of tax-increment financing (TIF) districts to promote revitalization and redevelopment. This innovative mechanism allows local governments to bond for up-front cash to invest in redevelopment efforts, and then service the bonds using the increased property tax revenue that results from the project.

Outcome

HB 462 died in the Senate; SB 495 passed both chambers and was signed by the Governor.


How Legislators Voted on HB 462


  • = Pro Conservation Vote
  • = Anti Conservation Vote
  • A = Absent
  • E = Excused
  • R = Recused
  • W = Abstain
Legislator Party District Office Conservation
Vote
Year
Vigil, Richard (D) D 70 Representative E 2006
Martinez, W. Ken (D) D 69 Representative 2006
Balderas, Hector (D) D 68 Representative 2006
Moore, Brian (R) R 67 Representative 2006
Gardner, Keith (R) R 66 Representative 2006
Madalena, James Roger (D) D 65 Representative E 2006
Crook, Anna M. (R) R 64 Representative 2006
Campos, José (D) D 63 Representative 2006
Bratton, Donald E. (R) R 62 Representative 2006
Whitaker, Don (D) D 61 Representative 2006
Swisstack, Thomas (D) D 60 Representative 2006
Wilson, Avon (R) R 59 Representative E 2006
Ezzell, Candy Spence (R) R 58 Representative 2006
Foley, Daniel (R) R 57 Representative 2006
Williams, W.C. "Dub" (R) R 56 Representative 2006
Heaton, John (D) D 55 Representative 2006
Stell, Joe (D) D 54 Representative 2006
Marquardt, Terry (R) R 53 Representative 2006
Cervantes, Joseph (D) D 52 Representative 2006
Vaughn, Gloria (R) R 51 Representative 2006
King, Rhonda (D) D 50 Representative 2006
Tripp, Don (R) R 49 Representative 2006
Varela, Luciano "Lucky" (D) D 48 Representative 2006
Wirth, Peter (D) D 47 Representative 2006
Lujan, Ben (D) D 46 Representative 2006
Trujillo, Jim R. (D) D 45 Representative 2006
Powdrell-Culbert, Jane E. (R) R 44 Representative 2006
Wallace, Jeannette (R) R 43 Representative 2006
Gonzales, Roberto "Bobby" J. (D) D 42 Representative 2006
Rodella, Debbie A. (D) D 41 Representative E 2006
Salazar, Nick L. (D) D 40 Representative 2006
Herrera, Manuel (D) D 39 Representative 2006
Hamilton, Dianne Miller (R) R 38 Representative A 2006
Boykin, William Ed (R) R 37 Representative 2006
Nunez, Andy (D) D 36 Representative 2006
Lujan, Antonio (D) D 35 Representative 2006
Garcia, Mary Helen (D) D 34 Representative 2006
Gutierrez, Joni Marie (D) D 33 Representative 2006
Irwin, Dona (D) D 32 Representative A 2006
Rehm, William "Bill" R. (R) R 31 Representative 2006
Fox-Young, Justine (R) R 30 Representative 2006
Anderson, Thomas A. (R) R 29 Representative 2006
Hall, Jimmie C. (R) R 28 Representative 2006
Larrañaga, Larry A. (R) R 27 Representative 2006
Park, Al (D) D 26 Representative 2006
Picraux, Danice (D) D 25 Representative E 2006
Arnold-Jones, Janice (R) R 24 Representative 2006
Youngberg, Eric (R) R 23 Representative A 2006
McCoy, Kathy (R) R 22 Representative 2006
Stewart, Mimi (D) D 21 Representative 2006
Hobbs, Ted (R) R 20 Representative 2006
Stapleton, Sheryl Williams (D) D 19 Representative 2006
Chasey, Gail (D) D 18 Representative 2006
Sandoval, Edward C. (D) D 17 Representative 2006
Ruiz, Harriet (D) D 16 Representative 2006
Zanetti, Teresa (R) R 15 Representative 2006
Garcia, Miguel P. (D) D 14 Representative 2006
Silva, Daniel (D) D 13 Representative 2006
Chavez, Ernest H. (D) D 12 Representative 2006
Miera, Rick (D) D 11 Representative 2006
Saavedra, Henry "Kiki" (D) D 10 Representative 2006
Lundstrom, Patricia A. (D) D 9 Representative 2006
Luna, Fred (D) D 8 Representative 2006
Cordova, Kandy (D) D 7 Representative 2006
Hanosh, George (D) D 6 Representative A 2006
Harrison, Irvin (D) D 5 Representative E 2006
Begaye, Ray (D) D 4 Representative 2006
Townsend, Sandra (R) R 3 Representative 2006
Cheney, Richard (R) R 2 Representative 2006
Taylor, Thomas C. (R) R 1 Representative 2006