SANTA FE, N.M. (AP) — A bill is on its way to the governor that would provide a four-month tax holiday to restaurants and a $600 rebate to low-income workers. The state House gave final approval Wednesday to a pandemic economic relief bill on a 66-1 vote. The bill calls for a $600 tax credit or rebate for people earning about $15 an hour and works as a rebate to those who owe less than $600 in taxes. The tax holiday on gross receipts taxes applies to restaurants, bars, food trucks, small breweries and more.
New Mexico Legislature approves tax holiday for restaurants
