GroundRules
← Search the law
New Mexico · Through 2025-07-01

5-15-29: Report required.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 5 - Municipalities and Counties
  2. ARTICLE 15 Tax Increment for Development

On September 1 of each year, the district board of a district that receives a distribution of a gross receipts tax increment attributable to the state gross receipts tax shall submit a report to the state board of finance and the legislative finance committee that includes the estimated capital investment in the district, the estimated total net new jobs and new full-time economic base jobs created in the district and the total revenues distributed to the district in each previous fiscal year.

Collected 2026-09-03T15:02:19Z. Source file · JSON

Browse this collection