There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 7: Taxation
Article 1: Administration, 7-1-1 through 7-1-82
Section 7-1-6.54: Distributions; tax increment development districts.
NM Stat § 7-1-6.54 (1996 through 1st Sess 50th Legis) What's This?
7-1-6.54. Distributions; tax increment development districts.
A distribution to a tax increment development district shall be made by the department, in accordance with a notice that is filed pursuant to the Tax Increment for Development Act [5-15-1 NMSA 1978] with respect to a taxing entity's dedication of a portion of a gross receipts tax increment to the tax increment development district.
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