---
type: "Bill"
title: "LAB SMALL BUSINESS TAX CREDIT CHANGES"
description: "LAB SMALL BUSINESS TAX CREDIT CHANGES"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2019"
identifier: "HB 526"
citation: "New Mexico HB 526 (2019)"
classification: ["bill"]
subjects: ["BUSINESS & INDUSTRY", "TAXATION", "INCOME"]
status: "enacted"
primary_sponsors: ["Akhil, Abbas", "Chandler, Christine", "Harper, Jason C.", "Sanchez, Joseph L."]
version_count: 3
action_count: 8
vote_count: 0
first_action: "2019-02-08"
last_action: "2019-03-18"
source: "openstates"
source_identifier: "ocd-bill/fcb675ff-3a0a-4350-8806-574ca0140443"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=526&year=19"
source_hash: "1ecf292f63d2a9b11334c037c01742836d8a98b8dcbc38ad4106fc6a8af745bf"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nm"]
---

# New Mexico HB 526 (2019) — LAB SMALL BUSINESS TAX CREDIT CHANGES

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Amendments in Context** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/Amendments_In_Context/HB0526.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/final/HB0526.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/19%20Regular/bills/house/HB0526.HTML)

## Sponsors

- Akhil, Abbas — primary (person)
- Chandler, Christine — primary (person)
- Harper, Jason C. — primary (person)
- Sanchez, Joseph L. — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-02-08** Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee `introduction, referral-committee`
- **2019-02-21** DO PASS committee report adopted `committee-passage-favorable`
- **2019-03-01** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2019-03-03** passed House `passage`
- **2019-03-04** Sent to Senate Corporations and Transportation Committee `introduction, referral-committee`
- **2019-03-08** DO PASS committee report adopted `committee-passage-favorable`
- **2019-03-09** passed Senate `passage`
- **2019-03-18** Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fcb675ff-3a0a-4350-8806-574ca0140443`. Confidence: reported (aggregated from official New Mexico legislature records).