There is a newer version of the New Mexico Statutes
2021
2020
2019
2018
2017
Other previous versions
View our newest version here

2013 New Mexico Statutes
Chapter 3 - Municipalities
Article 60A - Metropolitan Redevelopment
Section 3-60A-24 - Tax increment method; base value for distribution. (1979)


NM Stat § 3-60A-24 (2013) What's This?

3-60A-24. Tax increment method; base value for distribution. (1979) 
If the tax increment method of financing metropolitan redevelopment projects is used, the base value for distribution of property tax revenues 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.   
  History: Laws 1979, ch. 391, § 24. 

Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.