By the time the 2024 Legislative Session ended in mid-February, 72 bills — out of more than 650 that were introduced — were on their way to the governor’s desk for signature, veto, or pocket veto. The governor had until Wednesday Read more…
The House Taxation and Revenue Committee will discuss both HB-179 and HB-213 at 8:30 AM MST on Wednesday, February 7. Both bills aim to increase taxes on alcohol; but while HB-179 increases taxes dramatically, HB-213 reserves its greatest increases for higher priced alcohol. As we reported previously, HB-213 Read more…
House Bill 179, which received its first hearing on January 29, 2024 in the House Health and Human Services Committee, would raise alcohol excise taxes on beer and cider 651 percent by increasing the current 41 cents-per-gallon tax to $3.08 Read more…
The editorial board of the Albuquerque Journal said it best in its editorial summary of January 13, 2024: “New alcohol taxes would result in higher prices for consumers, which could be detrimental to the restaurant and hospitality industry, with patrons Read more…
The lobbyist representing the New Mexico Alcohol Alliance in the upcoming legislative session, told annual meeting participants in December that a bill to increase liquor excise taxes is likely to be introduced during the 2024 session. Alcohol Alliance members will recall that Read more…
Please join the New Mexico Alcohol Alliance at 9:00 am Monday, December 11 for the 2023 annual meeting. Board members will discuss issues affecting liquor license holders, potential bills that threaten liquor license holders, and the legislative slate adopted by Read more…
The September 20, 2023 meeting of the Economic & Rural Development Policy Committee included a report from Phillip Sanchez, Director of the Alcohol Beverage Control Division of the New Mexico Regulation and Licensing Department. Sanchez said the number of delivery Read more…
A substantial increase in the amount of liquor excise taxes was proposed during the 2023 New Mexico Legislature, but in the end, there will be no increase in 2023. The 2023 session’s omnibus tax bill House Bill 547 contained an increase in Read more…
According to comments made by the New Mexico Tax & Revenue Department in a Fiscal Impact Report, HB230 contains significant issues, including “substantial” increases in liquor excise taxes that risk diverting consumers to out-of-state and online purchases and adding unnecessary Read more…
“Uncertainty” was the operative word when lobbyists told attendees at the New Mexico Alcohol Alliance annual meeting on December 12, 2022 what can be expected in the 2023 legislative session that starts January 17. TJ and Jennifer Trujillo of Strategies Read more…