What New Mexico laws go into effect in 2025?

SANTA FE, N.M. (KRQE) – With the start of a new year comes a series of new laws that will go into effect in 2025. In New Mexico, some of the laws will go into place on Jan. 1, 2025, while some others will become active mid-year. Below you will see some of the laws that were passed in 2024 that will go into effect in 2025.House Bill 252 – Adjust Income Tax Brackets On Jan. 1, 2025, new restructured income tax brackets will go into place. The restructuring focuses on dec