New Mexico county could lose millions with proposed food tax

May 18, 2017

AZTEC, N.M. (AP) — New Mexico county officials say an upcoming special session could cause it to lose millions of dollars. The Daily Times reported (http://bit.ly/2qwdUhS ) Wednesday that San Juan County Commission Chairman Jack Fortner thinks New Mexico special session could force the recently approved budget to change. Legislators at next week's special session will discuss the so-called "hold harmless payments," which are given to local governments in the place of food tax revenue. Gov. Susana Martinez has considered bringing back a food tax. The move would get rid of hold harmless payments. County Executive Officer Kim Carpenter said Tuesday that the county could lose $2 million if the move goes through. He says there is a plan in the works to prepare for the proposed tax. ___ Information from: The Daily Times, http://www.daily-times.com