NMSA 1978, § 7-9-30 — 7-9-30

Exemption; compensating tax; railroad equipment, aircraft
and space vehicles.

# A.

Exempted from the compensating tax is the use of railroad locomotives, trailers,
containers, tenders or cars procured or bought for use in railroad transportation.

# B.

Exempted from the compensating tax is the use of commercial aircraft bought or
leased primarily for use in the transportation of passengers or property for hire in
interstate commerce.

# C.

Exempted from the compensating tax is the use of space vehicles for
transportation of persons or property in, to or from space.