Stimulus 2024 New Mexico State. The state of new mexico is offering generous tax rebates and relief payments to its residents in 2023 thanks to the federal funding from the arpa. New mexico residents with low incomes can apply for state economic relief beginning monday.
New mexico residents must submit their information to determine if they qualify via an online portal beginning at 9 a.m., june 12, 2023. As signed, the bill will reduce recurring state revenues by about $150 million in fiscal year 2024, growing to $246 million in fiscal year 2027.