Scored 7/10 on whether it helps or hurts everyday people.
The Renewable Energy Bill
Solar tax credit bill aims to boost renewable energy
Solar Market Income Tax Credit
Good for everyday people ·
If passed, the bill would let solar businesses or owners claim a tax credit on their solar income, lowering the taxes they owe.
Our take
What we think, in plain words.
The bill could help solar companies and homeowners earn more from solar by cutting their tax bill, but it also means the state will collect less money, so everyday taxpayers may pick up the shortfall.
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The facts
What the bill actually says, no spin.
- Bill proposes a tax credit for solar market income.
- Bill is currently engrossed in the New Mexico Senate.
- Sponsored by a mix of Democratic and Republican legislators.
How they voted
The actual floor vote, and who broke from their own party.
Want to see how your representatives voted on this? Find your reps →
- Joshua Sanchez (R): voted for it, crossing most Republicans
- Nicole Tobiassen (R): voted for it, crossing most Republicans
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the New Mexico Bill Book 2026
The best and worst New Mexico bills of 2026, one page each — our take on the left, the bill on the right, and room for your notes. No email needed.
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