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Bill To Block Tax Credits For Pits Percolating in New Mexico Legislature

Bill To Block Tax Credits For Pits Percolating in New Mexico Legislature
A mock-up plutonium pit at the Los Alamos National Laboratory in New Mexico, seen during a June 2023 media tour. Source: Los Alamos National Laboratory

A New Mexico legislative committee this month passed a bill to stop the prime contractor of the Los Alamos National Laboratory from claiming state tax credits for making nuclear-weapon cores.If signed into law, the bill would go into effect on July 1 and exclude Los Alamos National Laboratory prime contractor Triad National Security from tens of millions of dollars in benefits codified in a 1969 law that gives tax breaks to state businesses selling goods and services used in manufacturing.HB…

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