Gov. Martinez Signs Angel Tax Credit Extensions

So what does the Angels Tax Credit Expansion bill do?
  1. Extends the angel tax credit sunset until 2025
  2. Increases the total yearly amount of credit available to all investors to $2,000,000 per year from $750,000 per year.
  3. Increases the total amount an individual investor can claim each year from $25,000 per year to $62,500 per year.
  4. Increase the number of credits an individual investors can claim from two (2) to five (5) per year.
  5. Increases the time the credit can be carried forward from three (3) years to five (5) years.

Read more from press who covered the story:

http://www.abqjournal.com/599375/news/governor-signs-tax-package-from-special-session.html

http://krqe.com/2015/06/15/governor-susana-martinez-signs-tax-incentives-bill/

http://www.abqjournal.com/599232/politics/gov-susana-martinez-signs-tax-incentive-legislation.html

http://krwg.org/post/governors-office-tax-package-will-recruit-new-business

http://www.bizjournals.com/albuquerque/blog/bizventures/2015/06/governor-to-sign-capital-outlay-tax-packages-today.html

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