Gov. Michelle Lujan Grisham endorsed a bill that would send one-time rebates of $750 to single tax filers, or $1,500 to joint tax filers.
“I look forward to working with the Legislature to put more money back in the pockets of New Mexico families,” she said in a tweet on Wednesday, Jan. 25.
This year, the latest round of $750 or $1,500 payments is expected to go to as many as 875,000 New Mexico taxpayers in the summer.
The bill says, “The rebates shall be made as soon as practicable after a return is received; provided that a rebate shall not be allowed for a return filed after May 31, 2024.”
This is the second year in a row that legislators have proposed the rebates.
Payments are said to go out regardless of income.
The bill was introduced jointly by state Sen. Benny Shendo Jr., Senate Majority Leader Peter Wirth, state Rep. Christine Chandler and state Rep. Javier Martínez.