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This document proposes an amendment to the Constitution of New Mexico to extend property tax exemptions to veterans with less than a 100% disability rating and their widows and widowers. The analysis highlights the potential impact on property tax revenues, anticipated benefits for disabled veterans, and opposing views regarding the fairness and implications of such exemptions.
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Constitutional Amendment No. 1 refers to a specific proposed change to the Constitution, often aiming to update or modify existing provisions.
Typically, elected officials or designated representatives of a legislative body are required to file constitutional amendments.
Filling out Constitutional Amendment No. 1 usually involves completing a designated form that outlines the proposed changes and submitting it to the appropriate governmental body.
The purpose of Constitutional Amendment No. 1 generally is to propose updates to the law to reflect changes in society, improve governance, or address identified issues.
The information typically includes the proposed text of the amendment, justifications for the change, and any relevant financial implications.
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