County Assessor JoAnn Johnson with Chief Deputy Assessor Joaquin Valdez. Photo by Carol A. Clark/ladailpost.com
By Carol A. Clark
The New Mexico Court of Appeals has upheld the constitutionality of a state law that can result in sharply increased tax assessments for homes that change ownership – a practice known as “tax lightning.”
“This doesn’t affect us at all in Los Alamos because we have followed State Statute 73621.2 for the past 10 years,” said Los Alamos County Chief Deputy Assessor Joaquin Valdez. “This surfaced in Bernalillo County on two properties because they applied tax differently.” Read More












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