It is the purpose of the Investment Credit Act to provide a favorable tax climate for manufacturing businesses and to promote increased employment in New Mexico.
§ 7-9A-2 NMSA 1978
Purpose of act
Known as the Investment Credit Act
The act spans §§ 7–7 (13 sections).
Laws 1979, ch. 347, § 2; 1983, ch. 206, § 1.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.