{"data":{"id":"us-nm/10-7a-7","jurisdiction":"us-nm","citation":"10-7A-7","heading":"Deferred compensation plan; state tax deferral.","body":"Income deferred pursuant to the Deferred Compensation Act and any gains arising from such income, shall be subject to New Mexico income tax and other applicable taxes in the same year or years in which the income is subject to federal income tax pursuant to federal law.","path":["Chapter 10 - Public Officers and Employees","ARTICLE 7A Deferred Compensation"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18510/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"eb6cad878962cbfeacc05af08e64673286af7f40a6c2a7deef543f6068ed6b1d","source_id":"us-nm","stale":false,"prev":"us-nm/10-7a-6","next":"us-nm/10-7a-8"},"notice":"GroundRules: Original legal text. Not legal advice."}