A bill that was introduced during the 2024 Legislature by Rep. Michaela Lara Cadena (D-Dona Ana) would have shifted the liquor excise tax collection burden from wholesaler sellers of alcohol to retailers. The bill, which appeared to be favored over other liquor tax bills, is likely to be brought up 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 visiting less frequently or deciding to stay home and entertain.” Read more…
Interim committees of the New Mexico Legislature have started meeting, and we are monitoring workplans and agendas for any hearings that include liquor license issues. The workplan of the Economic Development and Policy Committee, which Rep. Antonio Maestas chairs, indicates “liquor license reform and its economic impact” will be addressed Read more…