HOUSE BILL 47
53rd legislature - STATE OF NEW MEXICO - second session, 2018
Debbie A. Rodella and Carlos R. Cisneros and Harry Garcia and David E. Adkins
FOR THE MILITARY AND VETERANS' AFFAIRS COMMITTEE
RELATING TO MILITARY AFFAIRS; CHANGING THE ELIGIBILITY REQUIREMENTS FOR NATIONAL GUARD MEMBERS TO RECEIVE ASSISTANCE FROM INCOME TAX REFUND CONTRIBUTIONS.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
SECTION 1. Section 7-1-6.50 NMSA 1978 (being Laws 2005, Chapter 220, Section 1, as amended) is amended to read:
"7-1-6.50. DISTRIBUTION--CONTRIBUTIONS FOR NATIONAL GUARD MEMBER AND FAMILY ASSISTANCE.--A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the department of military affairs in an amount equal to the money designated pursuant to Section 7-2-30.3 NMSA 1978 as contributions for assistance to members of the New Mexico national guard [deployed overseas for a period of thirty or more consecutive days] and to their families. The department of military affairs shall deposit the money in a temporary suspense account for distribution to members of the New Mexico national guard and to their families."
SECTION 2. Section 7-2-30.3 NMSA 1978 (being Laws 2005, Chapter 220, Section 2, as amended) is amended to read:
"7-2-30.3. OPTIONAL DESIGNATION OF TAX REFUND CONTRIBUTION--NATIONAL GUARD MEMBER AND FAMILY ASSISTANCE.--
A. Except as otherwise provided in Subsection C of this section, an individual whose state income tax liability after application of allowable credits and tax rebates in a year is lower than the amount of money held by the department to the credit of the individual for that tax year may designate a portion of the income tax refund due to the individual to be contributed for assistance to members of the New Mexico national guard [activated for overseas service] and to their families. In the case of a joint return, both individuals must make such a designation.
B. The department shall revise the state income tax form to allow the designation of such contributions in the following form:
"National Guard Member and Family Assistance - Check ☐ if you wish to contribute a part or all of your tax refund for assistance to members of the New Mexico national guard [activated for overseas service] and to their families. Enter here $_____ the amount of your contribution.".
C. The provisions of this section do not apply to income tax refunds subject to interception under the provisions of the Tax Refund Intercept Program Act, and any designation made under the provisions of this section to such refunds is void."
SECTION 3. EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2018.
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