{"data":{"id":"us-nm/7-9a-6","jurisdiction":"us-nm","citation":"7-9A-6","heading":"Qualified equipment.","body":"Equipment not previously used in New Mexico and not previously approved for a credit under the Investment Credit Act that is owned by the taxpayer or owned by the United States or an agency or instrumentality thereof or the state or a political subdivision thereof and leased or subleased to the taxpayer is qualified equipment if it is in New Mexico and is incorporated or to be incorporated within one year into a manufacturing operation.","path":["Chapter 7 - Taxation","ARTICLE 9A Investment Credit"],"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":"2dd4ba67be1f03a92dd6d811ec818f0bd2170deaab24ef7e700c5c7d7d590ff8","source_id":"us-nm","stale":false,"prev":"us-nm/7-9a-5","next":"us-nm/7-9a-7"},"notice":"GroundRules: Original legal text. Not legal advice."}