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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-9-100

7-9-100

Official textnmonesource.comlast amended

Deduction; gross receipts tax; sale of construction equipment and construction materials used in new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage area.
Receipts from selling construction equipment or construction materials used in the new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage area may be deducted from gross receipts if the sale of the construction equipment or construction materials is made to a foundation or a nonprofit organization that:

# A.

has entered into a written agreement with a county to pay at least ninety-five percent of the costs of new facility construction of that sole community provider hospital [qualifying hospital]; and

# B.

delivers to the seller either an appropriate nontaxable transaction certificate or other evidence acceptable to the secretary of a written agreement made in accordance with Subsection A of this section.

Amendment history

Laws 2006, ch. 35, § 2.

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

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In this article (40 sections)
  1. 7-9-85 · 7-9-85
  2. 7-9-86 · Repealed
  3. 7-9-87 · Deduction; gross receipts tax; lottery retailer receipts
  4. 7-9-88 · Repealed
  5. 7-9-88.1 · Credit; gross receipts tax; tax paid to certain tribes
  6. 7-9-88.2 · 7-9-88.2
  7. 7-9-89 · 7-9-89
  8. 7-9-90 · 7-9-90
  9. 7-9-91 · 7-9-91
  10. 7-9-92 · Deduction; gross receipts; sale of food at retail food store
  11. 7-9-93 · 7-9-93
  12. 7-9-94 · 7-9-94
  13. 7-9-95 · 7-9-95
  14. 7-9-96 · Repealed
  15. 7-9-96.1 · Repealed
  16. 7-9-96.2 · 7-9-96.2
  17. 7-9-96.3 · Technology readiness gross receipts tax credit
  18. 7-9-97 · 7-9-97
  19. 7-9-98 · 7-9-98
  20. 7-9-99 · 7-9-99
  21. 7-9-100 · 7-9-100
  22. 7-9-101 · 7-9-101
  23. 7-9-102 · 7-9-102
  24. 7-9-103 · 7-9-103
  25. 7-9-103.1 · Deduction; gross receipts tax; converting electricity
  26. 7-9-103.2 · Deduction; gross receipts; electricity exchange
  27. 7-9-104 · 7-9-104
  28. 7-9-105 · Repealed
  29. 7-9-106 · Repealed
  30. 7-9-107 · 7-9-107
  31. 7-9-108 · 7-9-108
  32. 7-9-109 · 7-9-109
  33. 7-9-110 · Deleted
  34. 7-9-110.1 · Deduction; gross receipts tax; locomotive engine fuel
  35. 7-9-110.2 · Deduction; compensating tax; locomotive engine fuel
  36. 7-9-110.3 · Purpose and requirements of locomotive fuel deduction
  37. 7-9-111 · 7-9-111
  38. 7-9-112 · Deduction; gross receipts; solar energy systems
  39. 7-9-112.1 · 7-9-112.1
  40. 7-9-113 · Repealed
Full table of contents →