N.M. Stat. § 7-9A-7

Current through 2024, ch. 69

Section 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.

NMS § 7-9A-7

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.

Amended by 2020, c. 80,s. 8, eff. 7/1/2020.