New Mexico Statutes
§ 7-27-47 — Bonds tax-free
Interest earned on all severance tax income bonds shall be exempt from taxation by the state or any of its political subdivisions.
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Legislative History
Laws 1981 (1st S.S.), ch. 9, § 20.
Nearby Sections
15
§ 7-1-1
Short title§ 7-1-11.1
Managed audits§ 7-1-11.2
Required audit notices§ 7-1-12
Identification of taxpayers§ 7-1-13.1
Method of payment of certain taxes due§ 7-1-13.2
Repealed§ 7-1-13.3
Repealed§ 7-1-13.4
Electronic payments; reversals