New Mexico Amendment 1 (1998)

New Mexico Amendment 1 authorizes the legislature to limit increases in valuation of residential property for property tax purposes. It was on the November 3, 1998 election ballot in New Mexico. It passed, with 61% of voters in favor.

This measure is a legislatively referred constitutional amendment.

Text of measure

The language that appeared on the ballot:

Proposes to amend the constitution to authorize the legislature to limit increases in valuation of residential property for property taxation purposes.

See also

• New Mexico 1998 ballot measures

Footnotes

• 1998 constitutional amendment election results
• 1998 ballot questions