us-nm/stat

NMSA 1978, § 7-9-23.1 — Exemption; compensating tax; boats

Exempted from the compensating tax is the use of boats on which the tax imposed
by Section 66-12-6.1 NMSA 1978 has been paid.

Last amended: 1978 Comp., § 7-9-23.1, enacted by Laws 1987, ch. 247, § 2.