{"data":{"id":"us-nm/16-2-27","jurisdiction":"us-nm","citation":"16-2-27","heading":"Tax exemptions.","body":"The principal and income of bonds issued under the State Park and Recreation Bond Act [16-2-20 to 16-2-29 NMSA 1978] are exempt from all taxation by the state or any of its political subdivisions, except for inheritance and succession taxes.","path":["Chapter 16 - Parks, Recreation and Fairs","ARTICLE 2 State Parks Division"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18516/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"23f4f2bc7e5724c67532133071c495e87c0f1fb404dd24591516155080570562","source_id":"us-nm","stale":false,"prev":"us-nm/16-2-26","next":"us-nm/16-2-28"},"notice":"GroundRules: Original legal text. Not legal advice."}