Exemption from taxation.

  1. Law
  2. New Mexico Statutes
  3. Municipalities and Counties
  4. Tax Increment for Development
  5. Exemption from taxation.

Checkout our iOS App for a better way to browser and research.

The bonds authorized by the Tax Increment for Development Act and the income from the bonds or any other instrument executed as security for the bonds shall be exempt from all taxation by the state or any political subdivision of the state.

History: Laws 2006, ch. 75, § 22.

ANNOTATIONS

Emergency clause. — Laws 2006, ch. 75, § 36 contained an emergency clause and was approved March 6, 2006.


Download our app to see the most-to-date content.