New Mexico Statutes

§ 7-32-15 — Determination of assessed values for taxing districts

New Mexico § 7-32-15
JurisdictionNew Mexico
Ch. 7Taxation
Art. 32Oil and Gas Ad Valorem Production Tax

This text of New Mexico § 7-32-15 (Determination of assessed values for taxing districts) 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. § 7-32-15 (2026).

Text

To determine for any purpose the total assessed value of property required to be assessed under the Oil and Gas Ad Valorem Production Tax Act for any taxing district, the assessed value of the taxing district as is reflected by the oil and gas ad valorem production tax schedules of the twelve months of the calendar year preceding the determination shall be used.

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Legislative History

1953 Comp., § 72-22-15, enacted by Laws 1959, ch. 55, § 15; 1985, ch. 65, §

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Bluebook (online)
New Mexico § 7-32-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-32-15.