There is a newer version of the New Mexico Statutes
2015 New Mexico Statutes
Chapter 3 - Municipalities
Section 64 Development Incentives
Section 3-64-5 Expiration of exemption; action of assessor.
NM Stat § 3-64-5 (2015) What's This?
3-64-5. Expiration of exemption; action of assessor.
An exemption granted under Section 3-64-3 NMSA 1978 shall automatically terminate on the last day of the property tax year in which it expires pursuant to the exemption resolution or on the last day of the property tax year in which a new business facility ceases commercial operations, whichever occurs first.
History: Laws 1991, ch. 163, 5; 2003, ch. 293, 4; 2003, ch. 405, 4.
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.
