New Mexico Boosts Veteran Property Tax Relief | Albuquerque News

New Mexico just dropped a major financial lifeline for veterans: over 7,000 partially disabled vets are already saving on property taxes thanks to new laws passed in 2025 and 2026. For the first time, all disabled vets can now get a tax break prorated by their disability rating — not just those who’re fully disabled. Plus, the standard veteran exemption jumped from $4,000 to $10,000 and will keep rising with inflation. Last year alone, this boost saved nearly 65,000 vets an estimated $19 million — a huge leap from the prior year. Officials say New Mexico is setting a national example with a system that ties exemptions directly to federal disability ratings, from 10% to 100%. If you’re a veteran and think you qualify, contact the New Mexico Department of Veterans’ Services to get your eligibility certificate and apply with your county assessor. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5046e56f90a3184d