{"data":{"id":"us-nm/7-9-38","jurisdiction":"us-nm","citation":"7-9-38","heading":"Exemption; compensating tax; use of electricity in the production, conversion and transmission of electricity.","body":"Exempted from the compensating tax is electricity used in the production and transmission of electricity, including transmission using voltage source conversion technology.","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":"c7908f6fc5b4be3400ddddaac48b820d0dbc8d3d93812a3b46195128d9bb8b90","source_id":"us-nm","stale":false,"prev":"us-nm/7-9-37","next":"us-nm/7-9-38.1"},"notice":"GroundRules: Original legal text. Not legal advice."}