New Mexico Statutes
§ 7-36-3.2 — Enterprise zone property; tax status of lessee's interests
New Mexico § 7-36-3.2
This text of New Mexico § 7-36-3.2 (Enterprise zone property; tax status of lessee's interests) 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. § 7-36-3.2 (2026).
Text
Property interests of a lessee in project property held under a lease with respect to a project authorized by the Enterprise Zone Act [5-9-1 to 5-9-15 NMSA 1978] and acquired or held by a local government are exempt from property taxation for a period not to exceed ten years from the date of execution of the first lease of the project by the local government.
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Legislative History
1978 Comp., § 7-36-3.2, enacted by Laws 1993, ch. 33, § 16.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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; reversalsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 7-36-3.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-36-3.2.