NMSA 1978, § 7-9-120 — 7-9-120

Deduction; gross receipts and governmental gross
receipts; feminine hygiene products.

# A.

Receipts from the sale of feminine hygiene products may be deducted from gross
receipts and governmental gross receipts.

# B.

A taxpayer allowed a deduction pursuant to this section shall report the amount
of the deduction separately in a manner required by the department.

# C.

The department shall compile an annual report on the deduction provided by this
section that shall include the number of taxpayers that claimed the deduction, the
aggregate amount of deductions claimed and any other information necessary to
evaluate the effectiveness of the deduction. The department shall present the report to
the revenue stabilization and tax policy committee and the legislative finance committee
with an analysis of the cost of the deduction.

# D.

As used in this section, "feminine hygiene products" means tampons, menstrual
pads and sanitary napkins, pantiliners, menstrual sponges and menstrual cups.