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Last week, the Biden administration announced applications are now open for states to apply for a staggering $8.5 billion in rebate programs that encourage energy-efficient upgrades to homes.
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New Mexico residents with low incomes can apply for state economic relief beginning Monday, June 12. The payments are for those who don’t qualify for the tax rebates that start going out next week. Though officials recommend retroactively filing a tax return, and getting access to a rebate instead, if possible.
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The House Taxation and Revenue committee has been hearing tax proposals for 48 days and, on Monday, it passed a bill that compiles around 20 of them into a comprehensive package. It includes a significant reduction of direct payments called for by the governor in order to make room for other reforms.
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The push away from fossil fuels and towards electric vehicles and home appliances is a challenge for rural New Mexico, which lacks the basic infrastructure and cash for these innovations.