2018 HB 77 Energy Storage System Tax Credits

CVNM Position:
Support
Year:
2018
Sponsors:
Debra M. Sariñana
Topics:
Energy & Climate Change
Legislative Info:
HB 77 on nmlegis.gov »

Description

HB 77 would have established a tax credit for consumers and for businesses who installed a storage system for electricity generated by renewable resources. The bill established a cap for the amount of the tax credit, the aggregate amount of tax credits per year, and would have expired at the end of 2024. This bill, if passed, would have incentivized the development of electricity storage technologies and helped to expand the use of renewable resources for energy production.

Outcome

HB 77 died in the House Energy, Environment and Natural Resources Committee.


How Legislators Voted on HB 77


  • = Pro Conservation Vote
  • = Anti Conservation Vote
  • A = Absent
  • E = Excused
  • R = Recused
  • W = Abstain
Legislator Party District Office Conservation
Vote
Year
Montoya, Rod  (R) R 1 Representative 2018
Strickler, James R.J. (R) R 2 Representative 2018
Sariñana, Debra M. (D) D 21 Representative 2018
McCamley, Bill (D) D 33 Representative 2018
Rubio, Angelica  (D) D 35 Representative 2018
Small, Nathan P. (D) D 36 Representative 2018
Ferrary, Joanne J. (D) D 37 Representative 2018
McQueen, Matthew  (D) D 50 Representative 2018
Ezzell, Candy Spence (R) R 58 Representative 2018
Nibert, Greg  (R) R 59 Representative 2018
Gallegos, David M. (R) R 61 Representative 2018
Scott, Larry R. (R) R 62 Representative 2018