Tax increment accounting procedures.

  1. Law
  2. New Mexico Statutes
  3. Municipalities and Counties
  4. Tax Increment for Development
  5. Tax increment accounting procedures.

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A district board shall separately account for all revenues and indebtedness based on gross receipts tax increments and property tax increments. The district board shall individually account for all gross receipts tax increments.

History: Laws 2006, ch. 75, § 24.

ANNOTATIONS

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


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