HB 407 Delays Property Tax Collections

Sandoval County Treasurer Laura M. Montoya has announced a delay in property tax collections for the first-half Tax Year 2019 Tax Season due to House Bill (HB) 407. House Bill 407 was a piece of legislation that was enacted as of July 1, 2019. This legislation permitted school districts to have a mill levy question on the November election ballot if they turned in their paperwork by July.

The property tax bill is customarily sent out by November 1 from the Sandoval County Treasurer’s Office, with a payment due date from November 10 to December 10 for first-half tax season and April 10 through May 10 for second-half tax season. Due to this change, the Sandoval County Treasurer’s Office must wait until the November 5 election canvas is completed. Therefore, the Sandoval County Tax Bill will be delayed.

The Sandoval County Treasurer’s Office has received an extension from the New Mexico Tax & Revenue Department, Property Tax Division, as follows:

  • December 6, 2019 – Mailing of property tax bills
  • December 10, 2019 – Payment due date
  • January 10, 2020 – Final due date before penalty and interest are applied

The second-half of property taxes will not be impacted by this change.

The delayed billing and collections means the County’s monthly distributions during peak collection will be impacted as well. December and January are ordinarily high distribution months but given the legislative change, high collection months are expected to be in January and February 2020.

“The Sandoval County Treasurer’s Office has had collective meetings with the Department of Finance & Administration, Tax & Revenue Department, Public Education Department, the Assessor’s Affiliate and the Treasurer’s Affiliate concerning this legislation,” said Sandoval County Treasurer Laura M. Montoya. “They are fully aware of the situation and stand ready to assist, if needed, to plan your budgets/debt service payments accordingly. We are also working with the Governor’s Office to propose a legislative fix during the 2020 legislative session in order to alleviate this law from negatively impacting the county distribution again in 2021 as is currently written.”

Sandoval County property owners with questions regarding tax distribution checks, may contact Desiree Rivera-Lewis at (505) 867-7615 or DLewis@sandovalcountynm.gov. If residents have questions regarding property tax billing and payment, please contact Jessica McParlin at (505) 867-7582 or JMcParlin@sandovalcountynm.gov.

Learn more about the Sandoval County Treasurer’s Office at: www.sandovalcountynm.gov/elected-officials/treasurer