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2011 New Mexico Statutes
Chapter 5: Municipalities and Counties
Article 9: Enterprise Zones, 5-9-1 through 5-9-15
Section 5-9-14: Tax increment method; base value for distribution.

Universal Citation:
NM Stat § 5-9-14 (1996 through 1st Sess 50th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

5-9-14. Tax increment method; base value for distribution.

If the tax increment method of financing enterprise zone projects is used, the base value shall be the value used in calculating the limit of general obligation indebtedness imposed by the constitution of New Mexico and the statutes of New Mexico.

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