Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
New Mexico's Greenbelt Law: Disincentivizing Water Conservation Through Agricultural Tax Breaks, Annalise Porter, Robert P. Berrens, John Fleck
New Mexico's Greenbelt Law: Disincentivizing Water Conservation Through Agricultural Tax Breaks, Annalise Porter, Robert P. Berrens, John Fleck
Natural Resources Journal
New Mexico (NM) passed a Greenbelt law (NM Stat § 7-36-20) in 1967 offering tax subsidies to agricultural landowners. The law represents a serious disconnect between land and water policy in that it has serious water policy implications but has never been discussed accordingly. We estimate that in 2020, Rio Grande surface flows were used to irrigate 4,388 acres of land in Bernalillo County, the state’s largest urban area, that received the agricultural valuation. This represents an estimated water use of nearly 11,000 acre-feet, on many properties not utilizing the program as originally intended, in a region where agriculture is …