New Mexico Statutes

§ 7-9-101 — Deduction; gross receipts; equipment for certain electric

New Mexico § 7-9-101
JurisdictionNew Mexico
Ch. 7Taxation
Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-101 (Deduction; gross receipts; equipment for certain electric) 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. § 7-9-101 (2026).

Text

transmission or storage facilities. Receipts from selling equipment to the New Mexico renewable energy transmission authority or an agent or lessee of the authority may be deducted from gross receipts if the equipment is installed as part of an electric transmission facility or an interconnected storage facility acquired by the authority pursuant to the New Mexico Renewable Energy Transmission Authority Act [Chapter 62, Article 16A NMSA 1978].

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Legislative History

Laws 2007, ch. 3, § 16.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-9-101, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-101.