New Mexico/EZFeed Policies

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EZ Feed Policies for New Mexico

Download EZFeed Policies for New Mexico CSV (rows 1 - 33)

Policy Place Policy Type Active Affected Technologies Implementing Sector Summary
Air Quality Control Act (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
State/Province This act states the duties and powers of the New Mexico Environmental Improvement Board and local agencies. It also states the enforcement of regulations, permit fees, inspection of facilities and penalties.
Ambient Air Quality Standards (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province This regulation establishes ambient air quality standards for the areas of New Mexico under the jurisdiction of the Environmental Improvement Board. The maximum allowable concentrations of total suspended particulate in the ambient air are as follows: 24-hour average: 150 ug/m3; 7-day average:  110 ug/m3; 30-day average:  90 ug/m3; Annual geometric mean:  60 ug/m3. The maximum allowable concentrations of sulfur-containing air contaminants and for carbon monoxide are also listed.
Angel Investment Credit (New Mexico) New Mexico Personal Tax Incentives Yes Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Natural Gas
Nuclear
Wind energy
Biomass/Biogas
Hydroelectric (Small)
Solar Photovoltaics
State/Province A taxpayer who files a New Mexico income tax return and who is a “qualified investor” may take a tax credit of up to $25,000 (25% of a qualified investment of not more than $100,000) for an investment made in a New Mexico company that is engaging in high-technology research or manufacturing. The taxpayer may claim the angel investment credit for up to two qualified investments in a taxable year, provided that each investment is in a different qualified business. Any portion of the tax credit remaining unused at the end of the taxpayer’s taxable year may be carried forward for three consecutive years.
Canadian River Compact (Multiple States) Texas
Oklahoma
New Mexico
Siting and Permitting Yes Coal with CCS
Natural Gas
Nuclear
Biomass/Biogas
Hydroelectric energy
Hydroelectric (Small)
State/Province The Canadian River Commission administers the Canadian River Compact which includes the states of New Mexico, Oklahoma, and Texas. Signed in 1950 by the member states, the Compact was subsequently ratified by the respective state legislatures, approved by Congress, and was signed into law by the President in 1952. The interstate Canadian River Commission includes one state commissioner appointed by the governor of each member state and one federal commissioner appointed by the President. The major purposes of the Compact are to promote interstate comity; to remove causes of present and future controversy; to make secure and protect present developments within the States; and to provide for the construction of additional works for the conservation of the waters of Canadian River.
Climate Action Plan (New Mexico) New Mexico Climate Policies Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province Recognizing the profound implications that global warming and climate variation could have on the economy, environment and quality of life in the Southwest, New Mexico Governor Bill Richardson signed Executive Order 05-033 on June 5th, 2005, establishing the New Mexico Climate Change Action Council and the New Mexico Climate Change Advisory Group (CCAG). The Climate Change Action Group reviewed and provided recommendations to the Governor’s office regarding climate change policy. The Council was chaired by the Secretary of the Environment and will had representatives from the Departments of Agriculture; Economic Development; Energy, Mining, and Natural Resources; General Services; Health; Indian Affairs; and Transportation. The State Engineer, Director of Game and Fish, and the Governor’s Advisor on Energy and Environment also served on the Council. Drawing on its own expertise and the perspectives of the CCAG members, the Advisory Group found meaningful solutions that fit New Mexico’s unique needs and circumstances.
Collateral Support Program (New Mexico) New Mexico Loan Program Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
State/Province The New Mexico Finance Authority has been approved to administer a $13.2 million Small Business Collateral Support Participation Program. The funds are dedicated to help finance credit worthy small businesses leverage private lending when they are unable to obtain the capital required to expand and create jobs.

Through the Collateral Support Participation program, the Finance Authority is able to partner directly with banks to provide capital to credit worthy businesses seeking to expand and create or retain jobs. Under this bank participation program, the Finance Authority is able to fund quickly and efficiently lower the interest rate paid by the business and mitigate the bank’s risk by purchasing a portion of the bank’s loan, often in a subordinated collateral position. The amount of the Finance Authority’s participation will vary based upon the location of the business, the term of the loan and the collateral position offered to the Finance Authority.

In order to qualify for Collateral Support Participation program funds, a small business must:

- Be located in New Mexico - Use the loan proceeds for business purposes - Be a non-profit corporation or a for-profit corporation, partnership, limited liability company or partnership, sole proprietorship, cooperative or other entity that is authorized to conduct business in the State of New Mexico - Have 500 or fewer employees

- Meet the bank’s lending requirements with the exception of the deficient collateral, which is enhanced through the program
Community Development Block Grant/Economic Development Infrastructure Financing (United States) United States Grant Program
Loan Program
Yes Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Natural Gas
Nuclear
Tidal Energy
Wave Energy
Wind energy
Biomass/Biogas
Hydroelectric energy
Hydroelectric (Small)
Solar Photovoltaics
Federal Community Development Block Grant/Economic Development Infrastructure Financing (CDBG/EDIF) provides public infrastructure financing to help communities grow jobs, enable new business startups and expansions for existing businesses. State programs help achieve the national objective of CDBG by funding projects in which at least 51 percent of the new jobs created are made available to low and moderate income individuals. The maximum amounts awarded under the program are $1 million for new businesses locating to the state and $500,000 for existing businesses expanding in the state.
Construction Permits and Fees (New Mexico) New Mexico Environmental Regulations
Fees
Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province Industries that wish to build or modify facilities that emit air pollutants (emissions) into the air must obtain an air quality permit prior to constructing. Thus, these permits are called construction permits.

"Construction" means fabrication, erection, installation or relocation of a stationary source, including but not limited to temporary installations and portable stationary sources. The regulations establish the requirements for obtaining construction permits for air quality. The rule also establishes a schedule of fees for the construction permit program, including construction permits, permit revisions, and technical reviews of existing permits.

Two permitting divisions apply: Minor Source Units and Major Source Units.

Minor Source Units are for all sources with the potential emission rate greater than 10 pounds per hour, or 25 tons per year, of criteria pollutants (such as nitrogen oxides and carbon monoxide). Air quality construction permits must be obtained for new or modified sources prior beginning construction.

Major Source Units are have a potential to emit more than 100 tons per year for criteria pollutants, or for landfills greater than 2.5 million cubic meters (2.5 million-mg). In addition, TV major sources also include facilities that have the potential to emit greater than ten tons per year of a single Hazardous Air Pollutant, or 25 tons per year of any combination of Hazardous Air Pollutants (HAP).
Excess Emissions (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province This regulation establishes requirements for a source whose operation results in an excess emission and to establish criteria for a source whose operation results in an excess emission to claim an affirmative defense in an administrative or judicial enforcement action from a civil penalty.  "Excess emission" means the emission of an air contaminant, including a fugitive emission, in excess of the quantity, rate, opacity or concentration specified by an air quality regulation or permit condition. The owner or operator of a source subject to a permit or to the notification requirement under the New Mexico Air Quality regulations must establish and implement a plan to minimize emissions during routine or predictable startup, shutdown, and scheduled maintenance through work practice standards and good air pollution control practices. The owner or operator must maintain the plan at the location authorized by the permit, at the facility, or at the nearest occupied facility, and provide the plan to the New Mexico Environment Department upon written request. The emission of an air contaminant in excess of the quantity, rate, opacity, or concentration specified in an air quality regulation or permit condition that results in an excess emission is a violation of the air quality regulation or permit condition and may be subject to an enforcement action. The owner or operator of a source having an excess emission must, to the extent practicable, operate the source, including associated air pollution control equipment, in a manner consistent with good air pollution control practices for minimizing emissions.
Forestry Policies (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas State/Province New Mexico's forests are managed by the State Forestry Department, within the New Mexico Energy, Minerals, and Natural Resources Department. In 2010 the Department issued the New Mexico Statewide Natural Resources Assessment and Strategy and Response Plans, including discussion of potential for biomass energy from forest biomass:

http://www.emnrd.state.nm.us/SFD/documents/New_MexicoNatural_ResourceAssessment.pdf

New Mexico offers the Biomass Equipment and Materials Compensating Tax Deduction, allowing businesses to deduct the value of equipment and materials used for processing of biobased products:

http://en.openei.org/wiki/Biomass_Equipment_%26_Materials_Compensating_Tax_Deduction_(New_Mexico)

The State's forestry regulations and guidelines include required harvesting practices and harvesting permit requirements:

http://www.emnrd.state.nm.us/SFD/ForestMgt/ForestMgt.html
Ground Water Protection Act (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province The purpose of the Ground Water Protection Act is to provide substantive provisions and funding mechanisms to the extent that funds are available to enable the state to take corrective action at sites contaminated by leakage from storage tanks.  The act establishes the Storage Tank Committee, states the New Mexico Environment Department’s right of entry and inspection, and storage tank fee.
Ground and Surface Water Protection (New Mexico) New Mexico Environmental Regulations
Fees
Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
State/Province This regulation implements the New Mexico Water Quality Act. Any person intending to make a new water contaminant discharge or to alter the character or location of an existing water contaminant discharge, unless the discharge is being made or will be made into a community sewer system or subject to the Liquid Waste Disposal Regulations adopted by the New Mexico Environmental Improvement Board, must file a notice with the Ground Water Quality Bureau of the New Mexico Environment Department for discharges that may affect ground water, and/ or the Surface Water Quality Bureau of the department for discharges that may affect surface water.  

However, notice regarding discharges from facilities for the production, refinement, pipeline transmission of oil and gas, the oil field service industry, oil field brine production wells, geothermal installations and carbon dioxide facilities must be filed instead with the Oil Conservation Division.  Any person intending to inject fluids into a well, including a subsurface distribution system, unless the injection is being made subject to the Liquid Waste Disposal Regulations adopted by the New Mexico Environmental Improvement Board, must file a notice with the Ground Water Quality Bureau of the Environment Department.

Procedures for certification of federal national pollutant discharge elimination system (NPDES) permits, standards for ground water of 10,000 mg/l tds concentration or less, applications for discharge permits and renewals, monitoring requirements and fees are also stated.
Hazardous Waste Act (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Nuclear
State/Province "Hazardous waste" means any solid waste or combination of solid wastes that because of their quantity, concentration or physical, chemical or infectious characteristics may:  cause or significantly contribute to an increase in mortality or an increase in serious irreversible or incapacitating reversible illness; or pose a substantial present or potential hazard to human health or the environment when improperly treated, stored, transported, disposed of or otherwise managed.  The law excludes drilling fluids, produced waters and other wastes associated with the exploration, development or production of crude oil or natural gas or geothermal energy from the definition of hazardous waste. Also excluded is solid waste from the extraction, beneficiation or processing of ores and minerals, including phosphate rock and overburden from the mining of uranium ore. Rules are stated for permits, storage tanks waste monitoring and testing and penalties.
Hazardous Waste Management (New Mexico) New Mexico Environmental Regulations
Fees
Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province The New Mexico Environment Department's Hazardous Waste Bureau is responsible for the management of hazardous waste in the state. The Bureau enforces the rules established by the Environmental Improvement Board. These rules establish regulations for the management of hazardous waste, including standards for the identification and listing of hazardous waste, for generators and transporters of hazardous waste, for owners and operators of hazardous waste treatment, storage, and disposal facilities, for specific wastes and such facilities, for land disposal restrictions, and for issuing, suspending, revoking, or modifying permits. A schedule of fees is provided for facilities seeking permits, currently permitted, or undergoing corrective action for past or present hazardous waste management activities. Fees paid are for deposit in the hazardous waste fund to meet necessary expenses in the administration and operation of the state hazardous waste program.
High Wage Jobs Tax Credit (New Mexico) New Mexico Corporate Tax Incentive Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province A taxpayer who is an eligible employer may apply for and receive a tax credit for each new high-wage economic-based job. The credit amount equals 10% of the wages and benefits paid for each new economic-base job created. Qualified jobs criteria include minimum salary requirements. To qualify, employers must make more than 50% of their sales to persons outside of New Mexico. Qualified employees must reside in New Mexico and cannot own more than 50% of the company or be a relative of the employer.
Interstate Oil and Gas Conservation Compact (Multiple States) Alabama
Alaska
Arizona
Arkansas
California
Colorado
Florida
Georgia
Idaho
Illinois
Indiana
Kansas
Kentucky
Louisiana
Maryland
Michigan
Mississippi
Montana
Nebraska
Nevada
New Mexico
New York
North Dakota
Ohio
Oklahoma
Pennsylvania
South Dakota
Texas
Utah
Virginia
West Virginia
Wyoming
Environmental Regulations Yes Coal with CCS
Natural Gas
Biomass/Biogas
State/Province The Interstate Oil and Gas Compact Commission assists member states efficiently maximize oil and natural gas resources through sound regulatory practices while protecting the nation's health, safety and the environment.

The Commission serves as the collective voice of member governors on oil and gas issues and advocates states' rights to govern petroleum resources within their borders.

The Commission formed the Geological CO2 Sequestration Task Force, which examines the technical, policy and regulatory issues related to safe and effective storage of CO2 in the subsurface (depleted oil and natural gas fields, saline formations and coal beds).

The Commission also funds research on hydraulic fracking, reusing water used in extracting oil and gas, and makes recommendations on national energy policies and statutes for individual states.

The Commission also has several associate states: North Carolina, South Carolina, Georgia, Tennessee, Missouri, Idaho, Oregon and Washington. In addition, it has international affiliations with the Canadian provinces of Alberta, British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Saskatchewan, and the Yukon.
Job Training Incentive Program (New Mexico) New Mexico Training/Technical Assistance Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province This program funds classroom and on-the-job training for newly-created jobs in expanding or relocating businesses for up to six months. The program reimburses 40-75% of employee wages. Custom training may also be covered. Three categories of businesses are eligible for the program: companies that manufacture or produce a product in New Mexico; non-retail service companies exporting a substantial percentage of service out of state; and certain green industries. Jobs must be full-time and year round to be eligible.
Municipal Waste Combustion (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas State/Province This rule establishes requirements for emissions from, and design and operation of, municipal waste combustion units. "Municipal waste" means all materials and substances discarded from residential dwellings and similar types of materials discarded from institutional, commercial, governmental, and industrial sources.  The term does not include industrial process waste or hazardous wastes.
Natural Gas Processing Plant- Sulfur (New Mexico) New Mexico Environmental Regulations Yes Natural Gas State/Province This regulation establishes sulfur emission standards for natural gas processing plants. Standards are stated for both existing and new plants. There are also rules for stack height requirements, record keeping and reporting.
Open Burning (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
State/Province The New Mexico Environment Department's Air Quality Bureau regulates the open burning rules established by the Environmental Improvement Board. These rules are established to protect public health and welfare by establishing controls on pollution produced by open burning. Open burning is allowed for recreational and ceremonial purposes, for barbecuing, for heating purposes in fireplaces, for the noncommercial cooking of food for human consumption and for warming by small wood fires at construction sites. This rule does not apply to open burning for the purpose of waste disposal. Open burning of natural gas is allowed at gasoline plant and compressor stations and when used or produced in drilling, completion and work over operations on oil and gas wells, when necessary to avoid serious hazard to safety. Open burning of hazardous waste2 is allowed only when conducted in compliance with interim status regulations, or a permit issued, pursuant to the New Mexico Hazardous Waste Act and any other permits issued by the department. The regulation applies statewide, except in Bernalillo County and on Tribal and Pueblo Lands (where NMED does not have authority over air quality).
Operating Permits and Emission Fees (New Mexico) New Mexico Environmental Regulations
Fees
Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province The New Mexico Environment Department's Air Quality Bureau processes permit applications for industries that emit pollutants to the air. The Permitting Section consists of three units, the Minor Source Unit, the Major Source Unit and the Technical Services Unit. The Bureau is governed by regulations established by the Environmental Improvement Board, which establish the requirements for obtaining an operating permit. It also establishes a schedule of operating permit emission fees. An annual operating permit emission fee shall be paid to the department by each owner or operator subject to this part. The annual fee shall be calculated by taking the product of the allowable emission rate for each fee pollutant expressed in tons per year and the appropriate fee per ton of pollutant.
Public Project Revolving Fund (PPRF) (New Mexico) New Mexico Loan Program Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province The New Mexico Finance Authority’s Public Project Revolving Fund (PPRF) funds infrastructure and capital equipment projects with low-cost and low-interest rate loans.  The key characteristics of the PPRF is that all participating borrowers, regardless of their credit worthiness, receive ‘AAA’ insured interest rates; among the lowest interest rates available in the market.  The PPRF is used to assist a wide range of governmental entities in accessing the capital markets at an all-in cost that is highly competitive and usually more competitive than other financing alternatives available to public entities. NMFA is an AAA / Aa1 credit (Agency Reports) whose bonds are highly sought by investors allowing NMFA to issue bonds in the capital markets at very attractive rates. NMFA passes the pricing benefits it receives in the public capital markets on to New Mexico communities in the form of loans. NMFA charges a flat fee of 1.5%, capped at $75,000, on loans that it makes from the PPRF.
Qualifying RPS State Export Markets (New Mexico) New Mexico Renewables Portfolio Standards and Goals Yes Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Wind energy
Natural Gas
Biomass/Biogas
Hydroelectric energy
Hydroelectric (Small)
Solar Photovoltaics
State/Province This entry lists the states with Renewable Portfolio Standard (RPS) policies that accept generation located in New Mexico as eligible sources towards their RPS targets or goals. For specific information with regard to eligible technologies or other restrictions which may vary by state, see the RPS policy entries for the individual states, shown below in the Authority listings. Typically energy must be delivered to an in-state utility or Load Serving Entity, and often only a portion of compliance targets may be met by out-of-state generation. In addition to geographic and energy delivery requirements, ownership, registry, and other requirements may apply, such as resource eligibility, generator vintage and capacity limitations, as well as limits on Renewable Energy Certificate (REC) vintage. The listing applies to RPS Main Tiers only, and excludes solar or distributed generation that may require interconnection only within the RPS state. This assessment is based on energy delivery requirements and reasonable transmission availability. Acceptance of unbundled RECs varies. There may be additional sales opportunities in RPS states outside the Eastern Interconnection. REC prices in markets with voluntary goals (North Dakota, South Dakota) may be lower.
R&D Small Business Tax Credit (New Mexico) New Mexico Corporate Tax Incentive Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province A qualified small business R&D small business is eligible for a credit equal to the sum of all gross receipts taxes, compensating taxes, or withholding taxes due to the state for up to three years. Qualified R&D small businesses can employ no more than 25 employees or have a total revenue of more than $5 million.

Qualified research is defined as that undertaken for the purpose of discovering information that is technological in nature and the application of which is intended to be useful in the development of a new or improved business component and in which substantially all activities constitute elements of a process of experimentation related to new or improved function, performance, reliability or quality, but not related to style, taste, cosmetic or seasonal design factors.

Qualified R&D small business means a business that: 1. Employs no more than 25 employees in any prior calendar month 2. Had total revenue of no more than $5 million dollars in any prior fiscal year. 3. Did not in any prior calendar month have more than 50% of its voting securities or other equity interest with the right to designate or elect the board of directors or other governing body of the qualified business owned directly or indirectly by another business

4. Has made qualified research expenditures for the period of 12 calendar months ending with the month for which the credit is sought of at least 20% of its total expenditures for those 12 months.
Renewable Energy Act (New Mexico) New Mexico Generating Facility Rate-Making
Renewables Portfolio Standards and Goals
Yes Biomass/Biogas
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Solar Photovoltaics
Utility The purposes of the Renewable Energy Act are to prescribe the amounts of renewable energy resources that public utilities shall include in their electric energy supply portfolios for sales to retail customers in New Mexico by prescribed dates; allow public utilities to recover costs through the rate-making process incurred for procuring or generating renewable energy used to comply with the prescribed amount; and protect public utilities and their ratepayers from renewable energy costs that are above a reasonable cost threshold.
Renewable Energy For Electric Utilities (New Mexico) New Mexico Generating Facility Rate-Making
Renewables Portfolio Standards and Goals
Yes Biomass/Biogas
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Solar Photovoltaics
Utility The purpose of this rule is to implement the Renewable Energy Act, and to bring significant economic development and environmental benefits to New Mexico. This rule applies to electric public utilities and rural electric distribution cooperatives. Each public utility must develop a reasonable cost renewable energy portfolio.  In developing its renewable energy portfolio, a public utility shall take into consideration the potential for environmental and economic benefits to New Mexico. The renewable portfolio standard shall be no less than five percent (5%) of annual retail jurisdictional energy sales for calendar year 2006 and six percent (6%) for calendar years 2007 through 2010, except as modified by Subsection C of this section.  The renewable portfolio standard shall be no less than ten percent (10%) for calendar years 2011 through 2014.  The renewable portfolio standard shall be no less than fifteen percent (15%) for calendar years 2015 through 2019.  The renewable portfolio standard shall be no less than twenty percent (20%) for calendar year 2020 and subsequent years. Rural electric distribution cooperatives must offer their retail customers a voluntary renewable energy tariff to the extent that their suppliers under their all-requirements contracts make such renewable resources available.  Rural electric distribution cooperatives must report to the commission by April 30 of each year concerning the availability to them of renewable energy and the annual demand for renewable energy pursuant to their voluntary tariff.
Rural Jobs Tax Credit (New Mexico) New Mexico Corporate Tax Incentive
Personal Tax Incentives
Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
Local This credit can be applied to taxes due on (state) gross receipts, corporate income, or personal income tax.  Rural New Mexico is defined as any part of the state other than Los Alamos County; certain municipalities: Albuquerque, Rio Rancho, Farmington, Las Cruces, Roswell, and Santa Fe; and a 10-mile zone around those select municipalities. The rural area is divided into two tiers: Tier 2 = Non-metro area municipalities that exceed 15,000 in population: Alamogordo, Carlsbad, Clovis, Gallup, and Hobbs; Tier 1 = Everywhere else in a rural area. The maximum tax credit amount with respect to each qualifying job is equal to: Tier 1: 25% of the first $16,000 in wages paid for the qualifying job (may be taken for four years); Tier 2: 12.5% of the first $16,000 in wages paid for the qualifying job (may be taken for two years). A qualifying job is a job filled by an eligible employee for 48 weeks in a 12-month qualifying period. The credit may be carried forward for up to 3 years.
Small Business Loans (New Mexico) New Mexico Loan Program Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Solar Photovoltaics
Wind energy
State/Province The Loan Fund, a non-profit organization, offers loans for small businesses and start-ups, and for business lines of credit. The loan can be used to finance equipment, inventory, building renovations, operating capital, and business expansions. Each loan application is reviewed on a case-by-case basis, but typical loan rates and terms are: 8-10% interest rates; amounts from $5000 - $500,000; terms from 1-10 years, and 15-20 year amortizations for real estate-based loans.
Smoke and Visible Emissions (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
State/Province This rule establishes controls on smoke and visible emissions from certain sources.  This rule is not intended to preempt any more stringent controls on smoke and visible emissions provided in any other air quality control regulation or in any local ordinance or regulation. The owner or operator of stationary combustion equipment shall not permit, cause, suffer or allow visible emissions from the stationary combustion equipment to equal or exceed an opacity of 20 percent.
Solid Waste (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province The New Mexico Environment Department's Solid Waste Bureau manages solid waste in the state. The Bureau implements and enforces the rules established by the Environmental Improvement Board. These rules establish regulations for solid waste management. "Solid waste" means any garbage, refuse, sludge from a waste treatment plant, water supply treatment plant, or air pollution control facility and other discarded material including solid, liquid, semisolid, or contained gaseous material resulting from industrial, commercial, mining, construction, demolition and agricultural operations and from community activities. The rule establishes regulations for permits and registrations and standards for facilities.
Solid Waste Act (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Natural Gas
Nuclear
State/Province The main purpose of the Solid Waste Act is to authorize and direct the establishment of a comprehensive solid waste management program. The act states details about specific waste management programs, permit requirements, penalties and solid waste assessment fees.
Technology Jobs Tax Credit (New Mexico) New Mexico Corporate Tax Incentive Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province This credit has two parts: a basic credit and an additional credit, each equal to 4% of the qualified expenditures on qualified research at a qualified facility. The credit amount doubles for expenditures in facilities located in rural New Mexico (as defined for this tax credit as anywhere outside Rio Rancho or more than 3 miles outside Bernalillo, Dona Ana, San Juan or Santa Fe counties).

Eligible Uses 1. Expenditures: Includes a wide range of non-reimbursed expenses such as payroll, consultants and contractors performing work in New Mexico, software, equipment, technical manuals, rent, and operating expenses of facilities.

2. Research: Must be technological in nature and constitute elements of a process of experimentation leading to new or improved function, performance or reliability (not cosmetic, style).3. Facility: A building or group, with land and machinery, equipment and other real or personal property used in connection with the operation of the facility; excludes national labs.

Rates and Terms 1. Basic credit: The taxpayer claims the credit within one year following the end of the year in which the expenditure was made. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted.

2. Additional credit: A taxpayer earns the additional credit by increasing its payroll. The annual payroll must increase by at least $75,000 over the base period and by at least $75,000 for each $1 million in qualified expenditures (equivalent to $40,000 in credit) it wishes to claim. The base period floats; it is defined as the 12-month period ending on the day one year prior to the day the taxpayer applies for the additional credit. The base period payroll amount is also to be adjusted for inflation so that merely keeping up with the inflation will not earn any credit. The credit is not refundable, but excess credit amounts may be carried forward.
Water Quality Act (New Mexico) New Mexico Environmental Regulations Yes Biomass/Biogas
Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Hydroelectric energy
Hydroelectric (Small)
Natural Gas
Nuclear
Solar Photovoltaics
Wind energy
State/Province This act establishes the Water Quality Control Commission and states the powers and duties of the commission. Rules are stated for adoption of regulations and standards and information is provided about permits, construction limitations and penalties.

The commission is the state water pollution control agency for New Mexico for all purposes of the federal Clean Water Act and the wellhead protection and sole source aquifer programs of the federal Safe Drinking Water Act.

The duties and powers of the commission include adoption of a comprehensive water quality management program, the development of a continuing planning process, the administration of loans and grants from the federal government, the adoption of water quality standards, and the adoption of regulations "to prevent or abate water pollution in the state or in any specific geographic area or watershed of the state...or for any class of waters." Under this Act, water is defined as all water, including water situated wholly or partly within or bordering upon the state, whether surface or subsurface, public or private, except private waters that do not combine with other surface or subsurface water.
Western Interstate Nuclear Compact State Nuclear Policy (Multiple States) Arizona
California
Colorado
Idaho
Montana
Nevada
New Mexico
Oregon
Utah
Washington
Wyoming
Alberta
British Columbia
Saskatchewan
Siting and Permitting Yes Coal with CCS
Concentrating Solar Power
Energy Storage
Fuel Cells
Geothermal Electric
Natural Gas
Nuclear
Wind energy
Biomass/Biogas
Hydroelectric energy
Hydroelectric (Small)
Solar Photovoltaics
State/Province Legislation authorizes states' entrance into the Western Interstate Nuclear Compact, which aims to undertake the cooperation of participating states in deriving the optimum benefit from nuclear and related scientific or technological resources, facilities, and skills. The Compact is the legal basis for the Western Interstate Energy Board, which provides the instruments and framework for cooperative state efforts to "enhance the economy of the West and contribute to the well-being of the region's people." While originally intended to oversee nuclear issues, the Board's purview extends beyond nuclear power to state cooperation on general energy, electricity, and climate issues. The western states of Arizona, California, Colorado, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming, along with associate members Alberta, British Columbia, and Saskatchewan, comprise the membership of the Board and are party to the Compact.