us-nm/stat

NMSA 1978, § 7-9A-7 — Value of qualified equipment

Prior to July 1, 2030, the value of qualified equipment shall be the adjusted basis
established for the equipment under the applicable provisions of the Internal Revenue
Code of 1986.

Last amended: Laws 1979, ch. 347, § 7; 1983, ch. 206, § 5; 1990, ch. 3, § 5; 1991, ch. 159, § 5; 1991, ch. 162, § 5; 2001, ch. 57, § 3; 2001, ch. 337, § 3; 2009, ch. 147, § 2; 2020, ch. 80, § 8.

Source: official text