New Mexico Statutes
§ 7-9-102 — Deduction; compensating tax; equipment for certain
electric transmission or storage facilities. The value of equipment installed as part of an electric transmission facility or an interconnected storage facility acquired by the New Mexico renewable energy transmission authority pursuant to the New Mexico Renewable Energy Transmission Authority Act [Chapter 62, Article 16A NMSA 1978] may be deducted in computing compensating tax due.
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New Mexico § 7-9-102 (Deduction; compensating tax; equipment for certain) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 2007, ch. 3, § 17.
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Repealed§ 7-1-13.3
Repealed§ 7-1-13.4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