N.M. Const. art. VIII, § 15
The 2023 amendment, proposed by H.J.R. No. 5 (Laws 2023) and adopted at the general election held on November 5, 2024, by a vote of 701,047 for and 145,855 against, extended a property tax exemption currently only allowed for one hundred percent disabled veterans and their widows and widowers, to veterans with less than a one hundred percent disability and their widows and widowers and basing the amount of the exemption on a veteran's federal disability rating; in Subsection A, after "joint property of" deleted "husband and wife" and added "married individuals", after "federal law to have a" deleted "one hundred percent", after "permanent" deleted "and total", after "the property as" changed "his" to "the veteran's", and added the last sentence; in Subsection B, after "provide" added "the same amount of" and after "occupy the property as" added "the widow's or widower's"; and in Subsection C, changed "exemption" to "exemptions provided".
The 2002 amendment, which was proposed by H.J.R. No. 5 (Laws 2001) and adopted at the general election held on November 5, 2002, by a vote of 314,948 for and 118,913 against, inserted "one hundred percent" near the middle of the first sentence, deleted "and has specially adapted the residence to his disability using a grant for specially adapted housing granted to the veteran by the federal government based on his permanent and total disability" from the end of the first sentence, and deleted "specially adapted" preceding "property" near the end of the second sentence.
The 1998 amendment to Article VIII, which was proposed by H.J.R. No. 21 (Laws 1998) and adopted at the general election held on November 3, 1998 by a vote of 279,787 for and 143,585 against, added this section.
Cross references. — For statutory provision, see 7-37-5.1 NMSA 1978.