2015 SB 391 Extend Solar Market Development Tax Credit
- CVNM Position:
- Energy & Climate Change
- Legislative Info:
- SB 391 on nmlegis.gov »
SB 391 would extend the existing 10% tax credit for the installation of commercial, residential and agricultural solar systems, which is set to expire December 31, 2016. This 10% tax credit has helped many New Mexicans invest in solar energy for their homes, businesses and farms, improving the environment and public health by reducing the demand for coal-fired electricity.
SB 391 passed the Senate (37-5) and passed the House (39-24) but was pocket vetoed by the Governor.
How Legislators Voted on SB 391
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