New Mexico Laws 2025, Chapter 10 (HB47) — permanent service-connected disability and proportional exemption
Open official sourceNew Mexico Legislature · Reviewed 2026-09-18
New Mexico Veteran tax-relief overview
New Mexico offers a standard Veteran assessed-value exemption and, beginning in tax year 2026, a proportional primary-residence exemption based on a qualifying permanent service-connected disability. A qualifying 100% rating can produce a full exemption of the eligible ownership interest; eligible lower ratings receive proportional relief after the standard Veteran exemption. NMDVS certification and county-assessor filing are required.
Catalog recordExplore requirements
An agency must make the actual eligibility decision.
The program is source-verified, but its eligibility rules are not automated in this record.
Program overview
- Administering agency
- New Mexico Legislature
- Rating relationship
- See the listed eligibility rules
- P&T requirement
- Verify against the official source
- TDIU treatment
- Manual verification required
- Temporary-rating treatment
- Manual verification required
- Residency requirement
- Review the official program rules
Why this result appeared
No personal scenario was used. This neutral catalog view does not imply that you qualify.
Manual requirements
- Confirm permanent service-connected disability, ownership share, principal-residence occupancy, county certification, discharge, current deduction value, and spouse or survivor rules.
- This overview does not screen individual eligibility. Confirm who is applying, whose service or award establishes eligibility, and the chosen program’s ownership and other requirements.
- Confirm the current rule and application with the administering state, county, municipality, or assessor before making a financial decision.
Suggested application steps
- Open the linked official state agency and locate the current tax-relief instructions and form.
- Confirm local participation, the current tax year, filing deadline, and required VA certification with the administering office.
- Submit the official application and retain the agency's decision or receipt.
Documents to consider
- DD214 or other qualifying discharge or service record
- Current VA decision, rating verification, or benefit summary requested by the program
- Deed, tax bill, and primary-residence proof
- Income, county, municipal, or assessor documents when required
Limits and caveats
- This record is a verified starting point for a key statewide tax pathway, not an exhaustive inventory of every state, county, or municipal Veteran benefit.
- The VA roundup used for cross-checking was published in 2025 and warns that details can change; the linked state agency and administering office control.
- A screening result is educational and is not an eligibility or tax determination.
Application, timing, and local administration
- Application requirement
- An official agency application or confirmation may be required
- Filing deadline
- Confirm with the administering agency
- Renewal
- Confirm whether renewal or recertification is required
- Benefit value or formula
- Varies under the official program rule
- Local warning
- Local administration may vary; manual verification may be required
- Source language
- English
Local benefit tracker
Track this benefit
Source record and freshness
NM tax-relief correction — official source snapshot reviewed September 11, 2026
Open official sourceState administering agency or legislature · Reviewed 2026-09-11
NM tax-relief correction — official source snapshot reviewed September 11, 2026
Open official sourceState administering agency or legislature · Reviewed 2026-09-11
New Mexico official Veterans benefits agency
Open official sourceNew Mexico Department of Veterans' Services · Reviewed 2026-08-28
Unlocking Veteran tax exemptions across states and U.S. territories
Open official sourceU.S. Department of Veterans Affairs · Reviewed 2026-08-28
Data version 2026.09.18 · Record version effective 2026-01-01 · Next review due 2026-12-18