---
type: "Bill"
title: "TECHNOLOGY READINESS GROSS RECEIPTS CREDIT"
description: "TECHNOLOGY READINESS GROSS RECEIPTS CREDIT"
jurisdiction: "us/states/nm"
legislature: "New Mexico Legislature"
session: "2020"
identifier: "HB 255"
citation: "New Mexico HB 255 (2020)"
classification: ["bill"]
subjects: ["TAXATION", "GROSS RECEIPTS & COMPENSATING"]
status: "enacted"
primary_sponsors: ["Akhil, Abbas", "Chandler, Christine", "Harper, Jason C.", "Sanchez, Joseph L."]
version_count: 3
action_count: 9
vote_count: 0
first_action: "2020-01-27"
last_action: "2020-03-04"
source: "openstates"
source_identifier: "ocd-bill/253a64f8-0785-4a76-94be-f678d6ad64e5"
source_url: "http://www.nmlegis.gov/Legislation/Legislation?chamber=H&legType=B&legNo=255&year=20"
source_hash: "b834f18dd4b7249f1bc9e0e4d928dc17bc5b49a9fe4f780c6c44d52b1963181c"
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 255 (2020) — TECHNOLOGY READINESS GROSS RECEIPTS CREDIT

## 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/20%20Regular/Amendments_In_Context/HB0255.pdf)
2. **Final Version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/20%20Regular/final/HB0255.PDF)
3. **introduced version** (committee substitute) — [source](http://www.nmlegis.gov/Sessions/20%20Regular/bills/house/HB0255.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.

- **2020-03-04** Signed `executive-signature`
- **2020-02-03** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2020-01-27** Sent to House Commerce & Economic Development Committee & House Taxation & Revenue Committee `introduction, referral-committee`
- **2020-02-14** DO PASS committee report adopted `committee-passage-favorable`
- **2020-02-15** passed House `passage`
- **2020-02-16** Sent to Senate Finance Committee `introduction, referral-committee`
- **2020-02-18** DO PASS, as amended, committee report adopted `committee-passage-favorable`
- **2020-02-19** passed Senate `passage`
- **2020-02-20** House concurred in Senate amendments

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/253a64f8-0785-4a76-94be-f678d6ad64e5`. Confidence: reported (aggregated from official New Mexico legislature records).