New Mexico 2022 Regular Session

New Mexico Senate Bill SB207

Introduced
2/1/22  
Report Pass
2/2/22  

Caption

Liquor Tax Distribution To Counties

Impact

The bill modifies the existing framework of liquor tax distribution by creating a designated County Alcohol and Substance Abuse Prevention and Treatment Fund. This fund will be administered by the local government division of the department of finance and administration. It represents a significant step towards improving local resources for substance abuse programs by ensuring that counties receive a dedicated share of liquor tax proceeds, which could enhance the effectiveness of local treatment and prevention initiatives.

Summary

Senate Bill 207, introduced by Gerald Ortiz y Pino, pertains to taxation with a focus on the distribution of liquor excise tax proceeds. Specifically, the bill mandates that a portion of these tax revenues be allocated to counties, aiming to enhance the provision of alcohol and substance abuse prevention and treatment services. This initiative seeks to directly address issues surrounding substance abuse by providing essential funding to local authorities for related programs and services.

Contention

While the intent behind SB207 is to bolster local resources for substance abuse treatment, discussions surrounding the bill may involve debates on the sufficiency of funds allocated versus the growing demand for such services. There may also be concerns over how the funds will be allocated and the efficacy of existing local programs. As the bill aims to shift a part of tax revenues to address alcohol-related issues, stakeholders could express varying perspectives regarding the impact of this redistribution on overall state funding and support for treatment services.

Companion Bills

No companion bills found.

Previously Filed As

NM HB417

Liquor Tax Changes & Programs

NM SB431

Liquor Tax Changes & Programs

NM SB217

Liquor Tax Changes

NM SB252

Liquor Tax Changes

NM HB460

Repeal Liquor Taxes

NM SB432

Behavioral Health Grant Pgm. & Fund

NM HB14

Earned Income Tax Credit

NM SB378

Liquor Tax Rates

NM HB184

Taxpayer Income Distributions

NM HB3107

LIQUOR-WINE SELF-DISTRIBUTION

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