Docket Room.
SB 172·NM·senate

TECHNOLOGY READINESS GRT CREDIT

FailedFiled Jan 28, 2026
Sponsor: Gonzales, Roberto "Bobby" J.
Latest Action

Action Postponed Indefinitely (session adjourned sine die)

Feb 19, 2026

Summary

The bill lets national laboratories claim a credit against their gross receipts tax when they provide technology‑readiness help to New Mexico businesses. The credit is limited by per‑business and per‑lab caps and can be carried forward if it exceeds the lab’s tax liability. It aims to spur economic development by moving lab‑originated technologies toward commercial use.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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