Vote button trans.png
April's Project of the Month
It's spring time. It's primary election season!
Click here to find all the information you'll need to cast your ballot.




New Mexico Constitutional Amendment 1 (2002)

From Ballotpedia
Jump to: navigation, search

New Mexico's Constitutional Amendment 1 is a legislatively-referred constitutional amendment that proposes an additional property tax exemption of $2,000 for honorably discharged veterans of the United States Armed Services who served during an armed conflict. The exemption will phase in over four years at the rate of $500 per year through 2006, at which time the exemption for affected individuals will total $4,000. The exemption amount is subtracted from the assessed value of the homeowner’s property.

Status

The measure passed with yes votes of 72.0% in 2002.

See also

External links