New MexicoVotes.org: New Mexico Laws, Bills and Votes
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2012 House Bill 314: Exclude Portion of Social Security Benefits from Adjusted Gross Income
Introduced by Rep. Richard D. Vigil D-Ribera on February 4, 2012
To change the definition of “net income” in the Income Tax Act to exclude 50% of the amount of social security benefits included in adjusted gross income. Official Text and Analysis.
Referred to the House Consumers and Public Affairs Committee on February 4, 2012