Chapter 7 — Chapter 7

1,736 sections in this chapter.

1,736 sectionsFiltered byCh 7

NMSA 1978, § 7-2C-14 Repealed
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ANNOTATIONS Repeals. — Laws 1999, ch. 47, § 9 repealed 7-2C-14 NMSA 1978, as enacted by Laws 1985, ch. 106, § 14, relating to administrative regulations, rulings, instructions and orders for purposes of the Tax Refund Intercept Program Act, effective June 18, 1999. For provisions…
NMSA 1978, § 7-2C-2 Purpose
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A. The purpose of the Tax Refund Intercept Program Act is to comply with state and federal law: (1) by enhancing the enforcement of child support and medical support obligations; (2) to aid collection of outstanding debts owed for: (a) overpayment of public assistance and overiss…
NMSA 1978, § 7-2C-3 Definitions
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As used in the Tax Refund Intercept Program Act: A. "claimant agency" means the taxation and revenue department or any of its divisions, the human services department [health care authority department], the workforce transition services division of the workforce solutions departm…
NMSA 1978, § 7-2C-4 Remedy additional
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The remedies of a claimant agency under the Tax Refund Intercept Program Act are in addition to and not in substitution for any other remedies available by law. History: Laws 1985, ch. 106, § 4.
NMSA 1978, § 7-2C-5 Department to aid in collection of debts through setoff
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Subject to the limitations contained in the Tax Refund Intercept Program Act, the department, upon request, shall render assistance in the collection of any debt owed to a claimant agency or any debt that a claimant agency is obligated by law to collect. This assistance shall be …
NMSA 1978, § 7-2C-6 Procedures for setoff; notifications to debtor
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A. Each year a claimant agency seeking to collect a debt through setoff shall notify the department in the manner and by the date required by the department, which date shall be in the period from November 1 through December 15. The notice to the department shall include the amou…
NMSA 1978, § 7-2C-7 Suspense account
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Upon receipt of money transferred from the department pursuant to Subsection H of Section 7-2C-6 NMSA 1978, the claimant agency shall deposit and hold the money in the suspense account until a final determination of the setoff is made. History: Laws 1985, ch. 106, § 7; 1994, ch. …
NMSA 1978, § 7-2C-8 Interest becomes obligation of claimant agency
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Once a transfer is made by the department pursuant to Subsection H of Section 7- 2C-6 NMSA 1978, notwithstanding any other provision of law to the contrary, the department, except in its capacity as a claimant agency, is not obligated in any manner for the payment of interest to …
NMSA 1978, § 7-2C-9 Administrative hearing required of claimant agency;
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department exempted. A. The claimant agency shall provide notice and opportunity for hearing, consistent with due process, as required by Subsections F and G of Section 7-2C-6 NMSA 1978. B. Notwithstanding any other provision of law, the department, except in its capacity as a cl…
NMSA 1978, § 7-2D-1 Repealed
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History: Laws 1993, ch. 313, § 1; 1995, ch. 89, § 1; 1995, ch. 89, § 1; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-10 Repealed
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History: Laws 1993, ch. 313, § 10; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-11 Repealed
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History: Laws 1993, ch. 313, § 11; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-12 Repealed
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History: Laws 1993, ch. 313, § 12; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-13 Repealed
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History: Laws 1993, ch. 313, § 13; 1995, ch. 89, § 10; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-14 Repealed
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History: Laws 1993, ch. 313, § 14; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-2 Repealed
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History: Laws 1993, ch. 313, § 2; 1995, ch. 89, § 2; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-3 Repealed
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ANNOTATIONS Repeals. — Laws 1995, ch. 89, § 11 repealed 7-2D-3 NMSA 1978, as enacted by Laws 1993, ch. 313, § 3, relating to the tax credit for federal income tax paid on a qualified diversifying business net capital gain, effective June 16, 1995. For provisions of the former sec…
NMSA 1978, § 7-2D-4 Repealed
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History: Laws 1993, ch. 313, § 4; 1995, ch. 89, § 3; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-5 Repealed
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History: Laws 1993, ch. 313, § 5; 1995, ch. 89, § 4; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-6 Repealed
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History: Laws 1993, ch. 313, § 6; 1995, ch. 89, § 5; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-7 Repealed
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History: Laws 1993, ch. 313, § 7; 1995, ch. 89, § 6; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-8 Repealed
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History: Laws 1993, ch. 313, § 8; 1995, ch. 89, § 7; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2D-8.1 Repealed
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History: 1978 Comp., § 7-2D-8.1, enacted by Laws 1995, ch. 89, § 8; repealed by Laws 2023, ch. 85, § 28.
NMSA 1978, § 7-2D-9 Repealed
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History: Laws 1993, ch. 313, § 9; 1995, ch. 89, § 9; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2E-1 Repealed
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History: Laws 1999, ch. 183, § 1; 2001, ch. 184, § 1; 2005, ch. 104, § 8.
NMSA 1978, § 7-2E-1.1 Tax credit; rural job tax credit
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A. The tax credit created by this section may be referred to as the "rural job tax credit". Every eligible employer may apply for, and the taxation and revenue department may approve, a tax credit for each qualifying job the employer creates. The maximum tax credit amount with re…
NMSA 1978, § 7-2E-2 Repealed
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History: Laws 1999, ch. 183, § 2; 2000, ch. 33, § 2; repealed by Laws 2005, ch. 104, § 27.
NMSA 1978, § 7-2F-1 Repealed
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History: Laws 2002, ch. 36, § 1; 2003, ch. 127, § 1; 2005, ch. 104, § 9; 2006, ch. 78, § 1; 2007, ch. 172, § 3; 2011, ch. 165, § 1; 2011, ch. 177, § 2; 2013, ch. 160, § 5; 2015, ch. 143, § 1; 2019, ch. 87, § 3; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-1.1 Short title
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Chapter 7, Article 2F NMSA 1978 may be cited as the "Film Production Tax Credit Act". History: Laws 2011, ch. 165, § 2 and Laws 2011, ch. 177, § 3.
NMSA 1978, § 7-2F-10 Repealed
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History: Laws 2015, ch. 143, § 9; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-11 Repealed
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History: Laws 2015, ch. 143, § 10; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-12 Credit claims; certification of direct production and
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postproduction expenditures; aggregate amount of claims allowed; exception. A. The division shall certify a film production company's budget for direct production expenditures and postproduction expenditures during a preproduction meeting with the division; provided that the divi…
NMSA 1978, § 7-2F-13 New film production tax credit
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A. The tax credit created by this section may be referred to as the "new film production tax credit". B. A film production company that meets the requirements of the Film Production Tax Credit Act may apply for, and the taxation and revenue department may allow, a tax credit in a…
NMSA 1978, § 7-2F-14 Additional amounts to be applied in calculating credit
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amounts; expenditures made in certain areas of the state; television pilots and series. A. In addition to the percentage of direct production expenditures and postproduction expenditures calculated pursuant to Section 7-2F-13 NMSA 1978, an additional percentage shall be applied f…
NMSA 1978, § 7-2F-15 Nonresident below-the-line crew credit
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A film production company may apply for, and the taxation and revenue department may allow, a tax credit, which may be referred to as the "nonresident below-the-line crew credit", in an amount equal to fifteen percent of the payment of wages for below- the-line crew who are not N…
NMSA 1978, § 7-2F-2 Definitions
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As used in the Film Production Tax Credit Act: A. "affiliated person" means a person who directly or indirectly owns or controls, is owned or controlled by or is under common ownership or control with another person through ownership of voting securities or other ownership intere…
NMSA 1978, § 7-2F-2.1 Repealed
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History: Laws 2015, ch. 143, § 4; 2016, ch. 77, § 2; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-3 Purposes; goals
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The purposes and goals of the Film Production Tax Credit Act are to: A. establish the film industry as a permanent component of the economic base of New Mexico; B. develop a pool of trained professionals and businesses in New Mexico to supply and support the film industry in the …
NMSA 1978, § 7-2F-4 Reporting; accountability
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A. The economic development department shall: (1) collect data to be used in an econometric tool that objectively assesses the effectiveness of the credits provided by the Film Production Tax Credit Act; (2) track the direct expenditures for the credits; (3) with the support and …
NMSA 1978, § 7-2F-5 Assignment
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A. A film production company that is eligible to receive a credit pursuant to the Film Production Tax Credit Act may assign the payment of an authorized film production tax credit or a film and television tax credit to a third-party financial institution, or to an authorized thir…
NMSA 1978, § 7-2F-6 Repealed
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History: Laws 2015, ch. 143, § 5; 2016, ch. 77, § 6; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-7 Repealed
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History: Laws 2015, ch. 143, § 6; 2016, ch. 77, § 7; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-8 Repealed
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History: Laws 2015, ch. 143, § 7; 2016, ch. 77, § 8; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2F-9 Repealed
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History: Laws 2015, ch. 143, § 8; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2G-1 Repealed
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History: Laws 2005, ch. 337, § 1; Laws 2006, ch. 78, § 3.
NMSA 1978, § 7-2H-1 Repealed
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History: Laws 2008, ch. 89, § 1; 2009, ch. 289, § 1; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2H-2 Repealed
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History: Laws 2008, ch. 89, § 2; 2009, ch. 289, § 2; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2H-3 Repealed
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History: Laws 2008, ch. 89, § 3; 2009, ch. 289, § 3; 2018, ch. 52, § 1; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-2H-4 Repealed
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History: Laws 2008, ch. 89, § 4; 2009, ch. 289, § 4; repealed by Laws 2025, ch. 130, § 155.
NMSA 1978, § 7-3-1 Short title
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Chapter 7, Article 3 NMSA 1978 may be cited as the "Withholding Tax Act". History: 1953 Comp., § 72-15-49, enacted by Laws 1961, ch. 243, § 1; 1979, ch. 29, § 1.