NM HM62

Requests the Taxation and Revenue Department to convene a task force studying centralized collection of lodgers' tax and gross receipts tax for short-term rentals, uniform property classification frameworks, and economic impacts on tourism and workforce development

Task force membership to include representatives from state agencies, the New Mexico Municipal League, Association of Counties, short-term rental industry, realtors, rural officials, county treasurers, and workforce development stakeholders

Requests all county assessors pause any new or ongoing property tax reclassifications of short-term rental properties until the study's findings are presented to interim legislative committees

Study must include recommendations on Lodgers' Tax Act compliance, statutory changes for centralized tax collection, and strategies to direct revenue toward public infrastructure and local services in under-resourced communities

Task force findings and recommendations due to interim legislative committees by October 1, 2026