Print
Category: Local News Releases Local News Releases
Published: 17 December 2014 17 December 2014

NOTICE OF CONSIDERATION OF ORDINANCE NO. [ ]
GRANT COUNTY, NEW MEXICO
NOTICE IS GIVEN that the Board of County Commissioners, constituting the governing body of the Grant County, New Mexico will consider the adoption of an ordinance (the "Ordinance") entitled: AN ORDINANCE AUTHORIZING A TAX REBATE TO BENEFIT LOW-INCOME PROPERTY TAXPAYERS FOR TAXABLE YEARS 2015-2016. A copy of the proposed ordinance is available for inspection during normal business hours at the Grant County Clerk's Office, located in the Grant County Administration Building at 1400 Highway 180 East, Silver City, New Mexico.

Summary: The purpose of the Ordinance is to authorize a tax rebate for low-income property owners who reside in Grant County and who meet the low-income requirements, pursuant to NMSA (1978) § 7-2-14.3. Subject to the requirements set forth in NMSA (1978) § 7-2-14.3, an individual who earns $24,000.00 or less and was required to pay property tax on his or her principal place of residence that is located in Grant County may qualify for the low-income tax rebate. The tax rebate may be deducted from the taxpayer's New Mexico income tax liability for the taxable year and shall not exceed $350.00 ($175 for married individuals filing separately). The county shall bear the cost of reimbursing the state for any rebate payments made pursuant to such an ordinance.
Hearing: The Ordinance will be considered at a public hearing held during a regular meeting of the Board on Thursday, January 8, 2015, at 9:00 a.m., in the Conference Room of the Grant County Administration Building, 1400 Highway 180 East, Silver City, New Mexico, being the regular meeting place of the Board.
DATED: December 11, 2014.
Brett Kasten
Chairman, Board of County Commissioners
Grant County, New Mexico