[NMSEA-news] Legislative Alert, Senate Bill 257!

News from New Mexico Solar Energy Association nmsea-news at nmsea.org
Mon Mar 9 11:23:59 MDT 2009


Hi Solar Enthusiasts!

LEGISLATIVE ALERT:
SENATE BILL 257, TAX CREDIT: The New Mexico Solar Energy Association has 
learned that the proposed legislation for a New Mexico State tax credit 
for the installation of solar and other renewable energy systems has 
passed unanimously in the State Senate. If it passes the House and is 
signed by the Governor, this would add a 10% State tax credit to the 30% 
Federal credit that was approved in December, for a total credit of 40%. 
This would be a much better incentive for property owners who can afford 
to make the investment. Unfortunately, State revenues have fallen, and 
this credit would further reduce those revenues. However, this is an 
important incentive to the RE industry, so if you feel this measure 
should be approved, please contact the bill’s sponsor, Tim Keller, and 
your own local Representative to encourage them to get this done. Here 
is contact information for Senator Keller:
District:	17
County:	Bernalillo
Senator Since:	2009
Occupation: 	Businessman
Address:	11023 Vistazo Place SE
	Albuquerque, NM 87123
Capitol Phone:	986-4260
Office Phone:	(505) 332-9441
Home Phone:	
E-mail:	tk at timkellerfornewmexico.com

  	



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