New Mexico Statutes

§ 5-9-14 — Tax increment method; base value for distribution

New Mexico·Ch. 5 Municipalities and Counties·Art. 9 Enterprise Zones
If the tax increment method of financing enterprise zone projects is used, the base value shall be the value used in calculating the limit of general obligation indebtedness imposed by the constitution of New Mexico and the statutes of New Mexico.

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Legislative History

Laws 1993, ch. 33, § 14.

Nearby Sections

15
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