New Mexico § 7-9-41.3 Exemption; receipts from sales by disabled street

New Mexico Statutes

§ 7-9-41.3 — Exemption; receipts from sales by disabled street

New Mexico § 7-9-41.3

Ch. 7Taxation

Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-41.3 (Exemption; receipts from sales by disabled street) 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. § 7-9-41.3 (2026).

Text

vendors. A. Exempt from payment of the gross receipts tax are receipts from the sale of goods by a disabled street vendor. B. As used in this section:

(1)"disabled" means to be blind or permanently disabled with medical improvement not expected pursuant to 42 USCA 421 for purposes of the federal Social Security Act or to have a permanent total disability pursuant to the Workers' Compensation Act [Chapter 52, Article 1 NMSA 1978]; and (2) "street vendor" means a person licensed by a local government to sell items of tangible personal property by newly setting up a sales site daily or selling the items from a moveable cart, tray, blanket or other device.

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vendors. A. Exempt from payment of the gross receipts tax are receipts from the sale of goods by a disabled street vendor. B. As used in this section: (1) "disabled" means to be blind or permanently disabled with medical improvement not expected pursuant to 42 USCA 421 for purposes of the federal Social Security Act or to have a permanent total disability pursuant to the Workers' Compensation Act [Chapter 52, Article 1 NMSA 1978]; and (2) "street vendor" means a person licensed by a local government to sell items of tangible personal property by newly setting up a sales site daily or selling the items from a moveable cart, tray, blanket or other device.