New Mexico Statutes

§ 7-9-78.1 — Deduction; compensating tax; uranium enrichment plant

New Mexico § 7-9-78.1
JurisdictionNew Mexico
Ch. 7Taxation
Art. 9Gross Receipts and Compensating Tax

This text of New Mexico § 7-9-78.1 (Deduction; compensating tax; uranium enrichment plant) 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. § 7-9-78.1 (2026).

Text

equipment. The value of equipment and replacement parts for that equipment may be deducted in computing the compensating tax due if the person uses the equipment and replacement parts to enrich uranium in a uranium enrichment plant.

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Legislative History

Laws 1999, ch. 231, § 4.

Nearby Sections

15
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Bluebook (online)
New Mexico § 7-9-78.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/7/7-9-78.1.