New Mexico Statutes

§ 42-10-14 — Cost-of-living adjustments

New Mexico § 42-10-14
JurisdictionNew Mexico
Ch. 42Actions and Proceedings Relating to Property
Art. 10Exemptions

This text of New Mexico § 42-10-14 (Cost-of-living adjustments) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 42-10-14 (2026).

Text

A.On July 1, 2025, and at each two-year interval ending on July 1 thereafter, each dollar amount provided for in Sections 35-12-18, 42-10-1, 42-10-4, 42-10-9 and 42-10- 10 NMSA 1978 shall be adjusted to reflect the change in the consumer price index for all urban consumers as published by the United States department of labor for the most recent two-year period ending immediately before such January 1 preceding such July 1. The administrative office of the courts shall publish any adjustments to the exemptions in Sections 35-12-18, 42-10-1, 42-10-4, 42-10-9 and 42-10-10 NMSA 1978 every two years on July 1, beginning July 1, 2025. The dollar amount shall be adjusted to the twenty-five-dollar ($25.00) increment nearest to the dollar amount that represents such change.
B.Adjustments made in

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Legislative History

1978 Comp., § 42-10-14, enacted by Laws 2023, ch. 104, § 10.

Nearby Sections

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Bluebook (online)
New Mexico § 42-10-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/42/42-10-14.