{"id":84517,"date":"2023-11-07T09:12:38","date_gmt":"2023-11-07T14:12:38","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517"},"modified":"2023-11-07T09:12:38","modified_gmt":"2023-11-07T14:12:38","slug":"gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517","title":{"rendered":"Gov. Grisham’s office of New Mexico outlines plan for low-income tax credits for electric vehicles"},"content":{"rendered":"
\n

The administration of New Mexico<\/a> Gov. Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities for state credits toward the purchase of electric vehicles that would aid low-income residents as well as small businesses.<\/p>\n

Taxation and Revenue Department Secretary Stephanie Schardin Clarke told a panel of legislators the administration envisions tax credits that would provide a refund for low-income residents toward the purchase of an electric or plug-in electric vehicle.<\/p>\n

She said the credit likely would apply to new and used vehicles, mimicking federal incentives.<\/p>\n

PROPOSAL TO SUBSIDIZE AFFORDABLE HOUSING BY TAXING MANSIONS APPEARS ON BALLOTS IN NEW MEXICO CAPITAL<\/strong><\/a><\/p>\n

That would ensure that people with the lowest incomes and have the lowest tax liability can fully participate, Schardin Clarke said.<\/p>\n

She also signaled support for corporate income tax credits to spur deployment of electric vehicles by small businesses, an offer that wouldn’t apply to large vehicle fleets.<\/p>\n

Lujan Grisham, a Democrat, intends to pursue tax credits for electric vehicles during the upcoming legislative session, starting in January 2024. Bills have not yet been introduced.<\/p>\n

In April, the governor vetoed a package of tax credits from Democrats in the legislative majority designed to rein in climate change and reduce fossil fuel consumption, including a credit of up to $4,000 toward the purchase of an electric vehicle<\/a> \u2014 indicating that she wasn\u2019t satisfied with provisions.<\/p>\n

Schardin Clarke said the appropriate size of tax credits for electric vehicles is still under study.<\/p>\n

NM ATTORNEY GENERAL TAKES LEGAL ACTION AGAINST LANDOWNERS BLOCKING ACCESS TO PECOS RIVER<\/strong><\/a><\/p>\n

Monday’s hearing also explored aspirations and concerns surrounding proposed rules for automakers to provide an increasing number of electric cars and trucks for sale in New Mexico. Republicans in the legislative minority pilloried that plan as impractical for residents of rural swaths of the state and a threat to local vehicle dealerships.<\/p>\n

Last year\u2019s Inflation Reduction Act provided a federal tax credit<\/a> of up to $7,500 to use toward certain EVs. Starting in 2024, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/gov-grishams-office-new-mexico-outlines-plan-low-income-tax-credits-electric-vehicles <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The administration of New Mexico Gov. Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities for state credits toward the purchase of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-84517","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nGov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"The administration of New Mexico Gov. Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities for state credits toward the purchase of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-07T14:12:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"715\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\"},\"headline\":\"Gov. Grisham’s office of New Mexico outlines plan for low-income tax credits for electric vehicles\",\"datePublished\":\"2023-11-07T14:12:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\"},\"wordCount\":380,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"articleSection\":[\"Market News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\",\"name\":\"Gov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\"},\"datePublished\":\"2023-11-07T14:12:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gov. Grisham’s office of New Mexico outlines plan for low-income tax credits for electric vehicles\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"name\":\"Wall Street PR\",\"description\":\"Latest News From WallStreet\",\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\",\"name\":\"Wall Street PR\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"width\":537,\"height\":70,\"caption\":\"Wall Street PR\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/WallStreetPR\/\",\"https:\/\/x.com\/WallstreetPRs\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"caption\":\"admin\"},\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517","og_locale":"en_US","og_type":"article","og_title":"Gov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR","og_description":"The administration of New Mexico Gov. Michelle Lujan Grisham used a legislative hearing Monday to outline new priorities for state credits toward the purchase of […]","og_url":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517","og_site_name":"Wall Street PR","article_publisher":"https:\/\/www.facebook.com\/WallStreetPR\/","article_published_time":"2023-11-07T14:12:38+00:00","og_image":[{"width":715,"height":423,"url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#article","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517"},"author":{"name":"admin","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36"},"headline":"Gov. Grisham’s office of New Mexico outlines plan for low-income tax credits for electric vehicles","datePublished":"2023-11-07T14:12:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517"},"wordCount":380,"publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"articleSection":["Market News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517","url":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517","name":"Gov. Grisham's office of New Mexico outlines plan for low-income tax credits for electric vehicles - Wall Street PR","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website"},"datePublished":"2023-11-07T14:12:38+00:00","breadcrumb":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/gov-grishams-office-of-new-mexico-outlines-plan-for-low-income-tax-credits-for-electric-vehicles-84517#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cablemanpro.com\/wallstreetpr\/"},{"@type":"ListItem","position":2,"name":"Gov. Grisham’s office of New Mexico outlines plan for low-income tax credits for electric vehicles"}]},{"@type":"WebSite","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","name":"Wall Street PR","description":"Latest News From WallStreet","publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization","name":"Wall Street PR","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","width":537,"height":70,"caption":"Wall Street PR"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WallStreetPR\/","https:\/\/x.com\/WallstreetPRs"]},{"@type":"Person","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","caption":"admin"},"url":"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/84517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/comments?post=84517"}],"version-history":[{"count":0,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/84517\/revisions"}],"wp:attachment":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media?parent=84517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/categories?post=84517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/tags?post=84517"},{"taxonomy":"stock_ticker","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/stock_ticker?post=84517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}