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2017 New Mexico Statutes
Chapter 5 - Municipalities and Counties
Article 15 - Tax Increment for Development
Section 5-15-22 - Exemption from taxation.
Universal Citation: NM Stat § 5-15-22 (2017)
5-15-22. Exemption from taxation.
The bonds authorized by the Tax Increment for Development Act and the income from the bonds or any other instrument executed as security for the bonds shall be exempt from all taxation by the state or any political subdivision of the state.
History: Laws 2006, ch. 75, 22.
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