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Legislature wants tally of tax breaks
Updated: Thursday, 14 Mar 2013, 5:23 PM MDT
Published : Thursday, 14 Mar 2013, 5:23 PM MDT
- Jessica Garate
SANTA FE (KRQE) - A bill that would prepare a report on all tax breaks and incentives the state offers is on the way to Gov. Susana Martinez's desk.
The bill won final approval in the Legislature Thursday when it passed the House on a 58-10 vote.
Supporters say the report will help lawmakers assess the effectiveness of more than 400 tax provisions that reduce revenue by an estimated $1 billion annually.
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