METRO REDEV PROJECT PROPERTY TAX EXEMPTION

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 2 Sponsors

Mar 24, 2026 · New Mexico Legislature

action postponed indefinitely

Feb 3, 2026 · House

Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 18%, measured from NM's completed sessions
Momentum -5 29/100 from the pace of recorded action
Time since last action -22 200 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.