2008 SB 434 Tax Increment Development District Moratorium

CVNM Position:
Support
Year:
2008
Sponsors:
Cisco McSorley
Topics:
Wildlife & Habitat Conservation
Legislative Info:
SB 434 on nmlegis.gov »

Description

Tax increment for development districts (TIDDs) on ‘greenfields’ pose major threats to the state’s financial health, as well as to thoughtful land use and water planning. Recognizing some of the dangers of using public tax dollars to subsidize private development of ‘greenfield’ TIDDs, SB 434 imposes a two-year moratorium on new greenfield TIDDs and creates a task force to study the issue and make recommendations.

Outcome

Defeated in the Senate.


How Legislators Voted on SB 434


  • = Pro Conservation Vote
  • = Anti Conservation Vote
  • A = Absent
  • E = Excused
  • R = Recused
  • W = Abstain
Legislator Party District Office Conservation
Vote
Year
Ortiz y Pino, Gerald  (D) D 12 Senator 2008
Taylor, James (D) D 14 Senator 2008
Snyder, H. Diane (R) R 15 Senator E 2008
McSorley, Cisco (D) D 16 Senator 2008
Robinson, Shannon (D) D 17 Senator 2008
Boitano, Mark (R) R 18 Senator 2008
Ingle, Stuart  (R) R 27 Senator 2008
Nava, Cynthia (D) D 31 Senator 2008
Griego, Phil A. (D) D 39 Senator 2008
Duran, Dianna (R) R 40 Senator E 2008