Tax bill that advocates say will bring greater equity signed into law

Gov. Michelle Lujan Grisham signed a bill on Tuesday that child welfare advocates have said will be a game changer in New Mexico. HB 291 expands tax credits for families. Rep. Javier Martinez, D-Albuquerque, was the lead sponsor of the bill. The new law makes the tax code more equitable than it was before, New Mexico Voices for Children Executive Director James Jimenez previously told NM Political Report. Related: State and federal child tax credits improve equity for children of color in the state

Jimenez said New Mexico’s tax policies are “regressive,” which means that those who make the least pay the highest percentage of their income in taxes.