The 60-day legislative session opened on Tuesday, January 21, and legislators have until February 20 to introduce bills that will be discussed until the March 22 closing deadline. As of this writing, bills aiming to increase or modify collection of liquor excise taxes have not been filed.
But we know they are coming! Interim committees made clear that legislators are modifying bills that were introduced in the 2024 session.
The New Mexico Alcohol Alliance is opposed to any proposals that shift tax collection and remittance from the wholesale level to the small, Mom-and-Pop businesses that have been financially devastated since the pandemic. The Alcohol Alliance joins the alcohol, restaurant, and hospitality industries in also opposing last year’s proposed 400% to 630% increases in liquor excise taxes – proposals that are likely to be introduced again this year.
Become a member to help us fight these egregious changes! Fill out this form to join.
Recent articles in the news:
- Democratic Legislators Search for Agreement on Alcohol Tax Hike by Ted Alcorn, New Mexico InDepth (Alcorn has consistently followed this issue with a slant toward raising taxes)
- The Fight Continues: Will Paid Family and Medical Leave Become Law this Year? by Megan Gleason, Albuquerque Journal