A bill making its way through the New Mexico Legislature would give the Jicarilla Apache Nation would get a major tax break on the tribe's 32,000-acre ranch.
When the tribe bought the Lodge at Chama in 1995, it was initially valued at $2.1 million. The tax assessor in Rio Arriba County was treating the property as agricultural.
But the county reassessed the property at $21.3 million and said the ranch could no longer be considered agricultural because the tribe is using it as an elk habitat. Therefore, the property taxes would increase from $15,000 to more than $100,000.
The tribe challenged the hike but lost before the state Supreme Court. So House Speaker Ben Lujan, a Democrat, introduced House Bill 867 to provide a tax break for properties being used for elk or deer.
Get the Story:
Tax Bill Would Benefit Jicarilla
(The Albuquerque Journal 3/11)
Court Decision:
Jicarilla
Apache Nation v. Rio Arriba County Assessor (September 3, 2004)
Related Stories:
Court rules Jicarilla Apache Nation must pay
tax (09/06)
Business
Bill gives New Mexico tribe a tax break on land
Friday, March 11, 2005
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