Gov Martinez: SIGN 9!

This bill (SB 9) will institute combined reporting and require some out-of-state corporations to pay tax on their New Mexico income. The bill that passed is a greatly watered down version, thanks to pressure from lobbyists, applying the combined reporting requirement only to “big box” stores such as Wal-Mart. Gov. Susana Martinez has said she will veto it because it "raises taxes".