State and federal child tax credits improve equity for children of color in the state

Tax credits that recently passed the New Mexico Legislature and the U.S. Congress will improve child poverty and equity issues, according to child welfare advocates. The New Mexico Legislature passed HB 291, a bill that will raise revenue by about $5 million annually, said James Jimenez, executive director of New Mexico Voices for Children. The bill, whose lead sponsor was Rep. Javier Martinez, D-Albuquerque, improves the state’s Working Family Tax Credit and the Low Income Comprehensive Tax Rebate, he said. Gov. Michelle Lujan Grisham’s office still has to sign the bill. Her office is reviewing the measures the Legislature passed, spokesperson Nora Meyers Sackett told NM Political Report.