2024 NM CONSTITUTIONAL AMENDMENTS & BOND ISSUES
It’s important that voter’s are educated about the Bond Issues and Constitutional Amendments (CA) being voted upon on Election Day. If these ballot measures pass (good or bad) they will become law.
NMBC encourages voters to look at the summaries and consequences of each one below:
Disabled Veteran Property Tax Exemption, CA
Summary: Proportionally applies the disabled veteran property tax exemption according to a veteran’s disability rating.
What if you vote YES?
You support amending the state constitution to extend the disabled veteran property tax exemption to all disabled veterans (or their widows or widowers) in proportion to their federal disability rating.
What if you vote NO?
You oppose amending the state constitution to extend the disabled veteran property tax exemption to all disabled veterans (or their widows or widows) in proportion to their federal disability rating, thereby maintaining that the exemption only applies to veterans with a federal disability rating of 100%.
Increase Veteran Property Tax Exemption, CA
Summary: Increases the property tax exemption for veterans from $4,000 to $10,000, adjusted annually for inflation.
What if you vote YES?
You support amending the state constitution to increase the property tax exemption for veterans from $4,000 to $10,000 and adjust it annually for inflation.
What if you vote NO?
You oppose amending the state constitution to increase the property tax exemption for veterans from $4,000 to $10,000.
NM Judicial Nominating Commission Amendment
Summary: Authorizes the dean of the University of New Mexico Law School to appoint a designee to chair the judicial nomination commission.
What if you vote YES?
You support authorizing a designee of the dean of the University of New Mexico Law School to serve as chair of the judicial nomination commission and requiring the designee to be an associate dean, a faculty member, a retired faculty member, or a former dean of the law school.
What if you vote NO?
You oppose authorizing a designee of the dean of the University of New Mexico Law School to serve as chair of the judicial nomination commission and requiring the designee to be an associate dean, a faculty member, a retired faculty member, or a former dean of the law school.
NM County Officer Salaries, CA
Summary: Authorizes the board of county commissioners to set county officer salaries rather than the state legislature.
What if you vote YES?
You support amending the state constitution to authorize the board of county commissioners to set salaries for county officers and clarify that fees collected by the county are to be deposited into the county treasury.
What if you vote NO?
You oppose amending the state constitution to authorize the board of county commissioners to set salaries for county officers, thereby maintaining that the state legislature sets the salaries of county officers.
NM Senior Citizens Facilities Bond Issue
Summary: Issues $30,758,100 in bonds to fund senior citizens facilities.
What if you vote YES?
You authorize the state to issue $30,758,100 in bonds to fund senior citizens’ facilities.
What if you vote NO?
You do not authorize the state to issue $30,758,100 in bonds to fund senior citizens’ facilities.
NM Public Libraries Bond Issue
Summary: Issues $19,305,000 in bonds to fund public libraries.
What if you vote YES?
You authorize the state to issue $19,305,000 in bonds to fund public libraries.
What if you vote NO?
You do not authorize the state to issue $19,305,000 in bonds to fund public libraries.
NM Public Education Bond Issue
Summary: Issues $230,258,400 in bonds to fund public higher education institutions, special public schools, and tribal schools.
What if you vote YES?
You authorize the state to issue $230,258,400 in bonds to fund public higher education, special public schools, and tribal schools.
What if you vote NO?
You do not authorize the state to issue $230,258,400 in bonds to fund public higher education institutions, special public schools, and tribal schools.
NM Public Safety Radio Comm. Systems Bond Issue
Summary: Issues $10,297,100 in bonds to modernize public safety radio communications systems.
What if you vote YES?
You authorize the state to issue $10,297,100 in bonds to modernize public safety radio communications systems.
What if you vote NO?
You do not authorize the state to issue $10,297,100 in bonds to modernize public safety radio communications systems.
Have additional questions or comments? Email nmbiz@nmbizcoalition.org or call (505) 836-4223.
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