ADVANCE ELECTION FOR FEDERAL TAX PROGRAM

Summary

The Senate joint memorial asks the governor to submit an advance election so New Mexico can join a new federal tax credit that rewards donations to scholarship‑granting nonprofits. It would let families, especially low‑income and special‑needs students, receive up to $1,700 in tax credits for contributions that fund K‑12 scholarships. The measure highlights the program’s potential to expand educational choice without costing the state any money.

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