{"data":{"id":"us-nm/7-9-26.1","jurisdiction":"us-nm","citation":"7-9-26.1","heading":"Exemption; gross receipts tax and compensating tax; fuel for space vehicles.","body":"A. Exempted from the gross receipts tax are the receipts from selling fuel, oxidizer or a substance that combines fuel and oxidizer to propel space vehicles or to operate space vehicle launchers.\nB. Exempted from the compensating tax is the use of fuel, oxidizer or a substance that combines fuel and oxidizer to propel space vehicles or to operate space vehicle launchers.","path":["Chapter 7 - Taxation","ARTICLE 9 Gross Receipts and Compensating Tax"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18507/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"cf022479e2e318dad85824ef03b8160ea32008e64327ee88f95ae4c047a72570","source_id":"us-nm","stale":false,"prev":"us-nm/7-9-26","next":"us-nm/7-9-27"},"notice":"GroundRules: Original legal text. Not legal advice."}