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Craig Brandt (Senate District 40)

State Senator

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SB 295

NM SENATE

GROSS RECEIPTS TAX CHANGES

2025
Introduced by Craig Brandt, Carrie Hamblen, Martin Hickey and 2 other co-sponsors

SB 295 expands health-care GRT deductions (private insurance, direct care, supplies) and requires Medicaid reimbursements to cover the GRT, risking large state revenue losses.

action postponed indefinitely
#business&industry #health&healthfacilities #taxation #grossreceipts&compensating
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