0001| HOUSE BILL 515 | 0002| 42ND LEGISLATURE - STATE OF NEW MEXICO - SECOND SESSION, | 0003| 1996 | 0004| INTRODUCED BY | 0005| DAVID M. PARSONS | 0006| | 0007| | 0008| | 0009| | 0010| | 0011| AN ACT | 0012| RELATING TO PROPERTY TAXATION; AUTHORIZING THE COUNTY ASSESSOR | 0013| TO SEND CERTAIN PROPERTY VALUATION NOTICES TO TAXPAYERS WITH THE | 0014| PRECEDING YEAR'S PROPERTY TAX BILLS. | 0015| | 0016| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO: | 0017| Section 1. Section 7-38-20 NMSA 1978 (being Laws 1973, | 0018| Chapter 258, Section 60, as amended) is amended to read: | 0019| "7-38-20. COUNTY ASSESSOR AND [DIVISION] DEPARTMENT TO | 0020| MAIL NOTICES OF VALUATION.-- | 0021| A. By April 1 of each year, the county assessor | 0022| shall mail a notice to each property owner informing him of the | 0023| net taxable value of his property that has been valued for | 0024| property taxation purposes by the assessor. | 0025| B. By May 1 of each year, the [division] | 0001| department shall mail a notice to each property owner | 0002| informing him of the net taxable value of his property that has | 0003| been valued for property taxation purposes by the [division] | 0004| department. | 0005| C. Failure to receive the notice required by this | 0006| section does not invalidate the value set on the property, any | 0007| property tax based on that value or any subsequent procedure or | 0008| proceeding instituted for the collection of the tax. | 0009| D. The notice required by this section shall state: | 0010| (1) the property owner's name and address; | 0011| (2) the description or identification of the | 0012| property valued; | 0013| (3) the classification of the property valued; | 0014| (4) the value set on the property for property | 0015| taxation purposes; | 0016| (5) the tax ratio; | 0017| (6) the taxable value of the property; | 0018| (7) the amount of any exemptions allowed and a | 0019| statement of the net taxable value of the property after | 0020| deducting the exemptions; | 0021| (8) the allocations of net taxable values to | 0022| the governmental units; and | 0023| (9) briefly, the procedures for protesting the | 0024| value determined for property taxation purposes, classification, | 0025| allocation of values to governmental units or denial of a claim | 0001| for an exemption. | 0002| E. The county assessor may mail the valuation | 0003| notice required pursuant to Subsection A of this section to | 0004| taxpayers with the preceding tax year's property tax bills if | 0005| the net taxable value of the property has not changed since the | 0006| preceding taxable year. In this early mailing, the county | 0007| assessor shall provide clear notice to the taxpayer that the | 0008| valuation notice is for the succeeding tax year and that the | 0009| deadlines for protest of the value or classification of the | 0010| property apply to this mailing date." | 0011| Section 2. APPLICABILITY.--The provisions of this act | 0012| apply to notices of valuation for the 1997 and subsequent | 0013| property tax years. | 0014|  State of New Mexico | 0015| House of Representatives | 0016| | 0017| FORTY-SECOND LEGISLATURE | 0018| SECOND SESSION, 1996 | 0019| | 0020| February 1, l996 | 0021| | 0022| | 0023| Mr. Speaker: | 0024| | 0025| Your RULES AND ORDER OF BUSINESS COMMITTEE, to | 0001| whom has been referred | 0002| | 0003| HOUSE BILL 515 | 0004| | 0005| has had it under consideration and finds same to be | 0006| GERMANE in accordance with constitutional provisions. | 0007| | 0008| Respectfully submitted, | 0009| | 0010| | 0011| | 0012| | 0013| Barbara A. Perea Casey, | 0014| Chairperson | 0015| | 0016| | 0017| Adopted Not Adopted | 0018| | 0019| (Chief Clerk) (Chief Clerk) | 0020| | 0021| Date | 0022| | 0023| The roll call vote was 10 For 0 Against | 0024| Yes: 10 | 0025| Excused: Lujan, Olguin, Rodella, R. G. Sanchez, S. M. Williams | 0001| Absent: None | 0002| | 0003| H0515RC1 State of New Mexico | 0004| House of Representatives | 0005| | 0006| FORTY-SECOND LEGISLATURE | 0007| SECOND SESSION, 1996 | 0008| | 0009| | 0010| February 7, 1996 | 0011| | 0012| | 0013| Mr. Speaker: | 0014| | 0015| Your TAXATION AND REVENUE COMMITTEE, to whom has | 0016| been referred | 0017| | 0018| HOUSE BILL 515 | 0019| | 0020| has had it under consideration and reports same with | 0021| recommendation that it DO PASS. | 0022| | 0023| Respectfully submitted, | 0024| | 0025| | 0001| | 0002| | 0003| Jerry W. Sandel, Chairman | 0004| | 0005| | 0006| Adopted Not Adopted | 0007| | 0008| (Chief Clerk) (Chief Clerk) | 0009| | 0010| Date | 0011| | 0012| The roll call vote was 10 For 0 Against | 0013| Yes: 10 | 0014| Excused: Lovejoy, Lujan, Sandoval | 0015| Absent: None | 0016| | 0017| | 0018| | 0019| H0515TR1 | 0020| | 0021| FORTY-SECOND LEGISLATURE | 0022| SECOND SESSION, 1996 | 0023| | 0024| | 0025| February 12, 1996 | 0001| | 0002| Mr. President: | 0003| | 0004| Your JUDICIARY COMMITTEE, to whom has been referred | 0005| | 0006| HOUSE BILL 515 | 0007| | 0008| has had it under consideration and reports same with | 0009| recommendation that it DO PASS, and thence referred to the WAYS | 0010| AND MEANS COMMITTEE. | 0011| | 0012| Respectfully submitted, | 0013| | 0014| | 0015| | 0016| __________________________________ | 0017| Janice D. Paster, Chairman | 0018| | 0019| | 0020| | 0021| Adopted_______________________ Not Adopted_______________________ | 0022| (Chief Clerk) (Chief Clerk) | 0023| | 0024| | 0025| Date ________________________ | 0001| | 0002| | 0003| The roll call vote was 4 For 1 Against | 0004| Yes: 4 | 0005| No: Vernon | 0006| Excused: None | 0007| Absent: Carraro, Sanchez, Stefanics, Tsosie | 0008| | 0009| | 0010| H0515JU1 | 0011| | 0012| |