New Mexico Statutes

§ 7-9-102 — Deduction; compensating tax; equipment for certain

New Mexico § 7-9-102
JurisdictionNew Mexico
Ch. 7Taxation
Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-102 (Deduction; compensating tax; equipment for certain) 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. § 7-9-102 (2026).

Text

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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Legislative History

Laws 2007, ch. 3, § 17.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-9-102, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-102.