{"data":{"id":"us-nm/22-19a-12","jurisdiction":"us-nm","citation":"22-19A-12","heading":"Tax exemption; no charge against state.","body":"Bonds are exempt from taxation by the state or any of its political subdivisions. No obligation created pursuant to the Teacher Housing Revenue Bond Act shall be a charge against or a debt of the state or any of its political subdivisions.","path":["Chapter 22 - Public Schools","ARTICLE 19A Teacher Housing Revenue Bond"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18522/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"c5da28ccc71653e7691d1c3ae7b02b23bcf4ac7b659eb4bbc973c01abe6a00ff","source_id":"us-nm","stale":false,"prev":"us-nm/22-19a-11","next":"us-nm/22-19b-1"},"notice":"GroundRules: Original legal text. Not legal advice."}