2015 New Mexico Statutes
Chapter 7 - Taxation
Section 1 Administration
Section 7-1-6.54 Distributions; tax increment development districts.
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 [Chapter 5, Article 15 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.
History: Laws 2006, ch. 75, 29.
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