2021 NM Legislature Bills that REIA is Following
Energy Storage Tax Credit bill provides a 40% tax credit up to $5,000 with $1 million in annual funding for two years. This bill is being pushed by REIA and is sponsored by Sen. Sedillo-Lopez.
Community Solar Act bill is the latest attempt to pass Community Solar legislation. This time there is input from a working group created by Senate Memorial 63-2020. This bill allows for Community Solar systems up to 5 MW (REIA Position Statement is 2 MW), max of 40% to single subscriber (REIA position statement is 30%), annual cap of 100 MW for first 3 years with the PRC determining the cap after that and a target of 30% of subscribers from low and moderate income communities. Other key parts are the utility must acquire all generation and RECS can be sold or transferred to the utility. The sponsors are Sen. Stefanics, Sen. Sedillo-Lopez and Rep. Roybal Caballero.
Requiring All New Home Construction to Include PV Systems: This bill as indicated will require PV on new home construction using a formula of 1K per 1 Square foot (eg. 2 kW system for 2,000 square foot home). It also would require a receptacle for an Electric Vehicle (EV) charger. The sponsor is Sen. Soules
Requiring All New Home Construction to Include wiring for PV Systems: As indicated, this bill would require wiring for PV, although it is thought that the bill might be better designed if it specified pipe instead of wire, as wire can vary based on system size. The sponsor is Sen. Soules
Requiring PV Systems in New Public Schools would require PV solar on all new public schools that receive grants through the Public School Capital Outlay fund. The bill is sponsored by Sen. Soules.
Amendment to enable the Public School Capital Outlay fund to match the cost of installing a PV system on a public school when renovation work is being done. The bill is sponsored by Sen. Soules.
EV Tax credit bill provides a $2,500 tax credit when an EV is purchased. If the tax payer has an adjusted gross income of $50,000 or less, married individual filing separately with adjusted gross income of $37,500 or less or married couple with adjusted gross income of $75,000 the tax credit is $5,000. This applies to an EV with a suggested retail price of $48,000 or less. The annual funding is $10 million through 2025. This bill is sponsored by Sen. Tallman.
Creating a Sustainable Task Force bill creates a working group for five years to develop a plan to transition the state away from reliance on natural resource extraction. The sponsor is Sen. Stewart.
A Joint resolution to amend the constitution by adding a new section of article 2 that provides people with environmental rights, including the right to a clean and healthy environment. The sponsors are Sen. Sedillo-Lopez, Sen. Soules, Rep. Ferrary and Sen. Pope Jr.
Broadband Access and Expansion bill creates an office of Broadband Access and Expansion. On or before, 1/1/2022, the office shall develop and provide a statewide broadband plan. This plan shall be updated annually for the next three years. There would be a $950,000 appropriation for the first year.