There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 7: Taxation
Article 39: Copper Production Ad Valorem Tax, 7-39-1 through 7-39-10
Section 7-39-7: Determination of taxable values for taxing districts.
Universal Citation:
NM Stat § 7-39-7 (1996 through 1st Sess 50th Legis)
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7-39-7. Determination of taxable values for taxing districts.
To determine for any purpose the total taxable value of property required to be taxed under the Copper Production Ad Valorem Tax Act for any taxing jurisdiction for any year after 1990, the taxable value of copper mineral property for the taxing jurisdiction entered upon the schedules prepared under the Copper Production Ad Valorem Tax Act for the tax year preceding the determination shall be used.
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