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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-34-4

Ad valorem tax levied

Official textnmonesource.comlast amended

An ad valorem tax is levied on the assessed value of the equipment at each production unit. The tax shall be at the rate certified to the department by the department of finance and administration under the provisions of Section 7-37-7 NMSA 1978.

Amendment history

1953 Comp., § 72-24-4, enacted by Laws 1969, ch. 119, § 4; 1981, ch. 37, § 59; 2025, ch. 130, § 143.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (20 sections)
  1. 7-34-1 · Short title
  2. 7-34-2 · Definitions
  3. 7-34-3 · Method of determining assessed value
  4. 7-34-4 · Ad valorem tax levied
  5. 7-34-5 · 7-34-5
  6. 7-34-6 · Tax statement; tax due date
  7. 7-34-7 · Department shall report to county; tax schedule
  8. 7-34-8 · Repealed
  9. 7-34-9 · 7-34-9
  10. 7-34-10 · Repealed
  11. 7-34-11 · Repealed
  12. 7-34-12 · Repealed
  13. 7-34-13 · Repealed
  14. 7-34-14 · Repealed
  15. 7-34-15 · Repealed
  16. 7-34-16 · Repealed
  17. 7-34-17 · Repealed
  18. 7-34-18 · Repealed
  19. 7-34-19 · Repealed
  20. 7-34-20 · Repealed
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