Tax relief for vets

Albuquerque, NM (KKOB) โ€” Today, Gov. Lujan Grisham signed two bills that will provide significant tax relief and recreational opportunities for New Mexico veterans. House Bill 47 will raise the standard veteran property tax exemption from $4,000 to $10,000, with adjustments for inflation in subsequent years. While House Bill 161 provides veterans residing in New Mexico with free access to state parks. It includes unlimited day-use passes and camping passes for areas operated by the State Parks Division of the Energy, Minerals and Natural Resources Department.