N.M. Admin. Code § 3.3.14.16

Current through Register Vol. 36, No. 1, January 14, 2025

Section 3.3.14.16 - CLAIMING THE STATE TAX CREDIT OR SUPPLEMENTAL STATE TAX CREDIT

A. An applicant shall apply for the state tax credit or supplemental state tax credit with the taxation and revenue department and provide the department certification and any other information the taxation and revenue department requires within 12 months following the calendar year in which the system was installed.

B. An applicant claiming a state tax credit or supplemental state tax credit shall not claim a state tax credit pursuant to another law for costs related to the same solar energy system costs.

Adopted by New Mexico Register, Volume XXXI, Issue 16, August 25, 2020, eff. 8/25/2020, Adopted by New Mexico Register, Volume XXXV, Issue 13, July 16, 2024, eff. 7/16/2024