Exempted from the compensating tax is the use of boats on which the tax imposed by Section 66-12-6.1 NMSA 1978 has been paid. History: 1978 Comp., § 7-9-23.1, enacted by Laws 1987, ch. 247, § 2.
Exemption; compensating tax; boats
NMSA 1978, § 7-9-23.1 — under Article 9.
NMSA 1978, § 7-9-23.1