§ 21-16a-3

As used in the Learning Center Act: A. 'board' means a learning center district board; B. 'commission' means the commission on higher education [higher education department]; C. 'community college board' means the governing body of a community college district; D. 'district' means a learning center district; E. 'extended learning services' means academic and vocational educational programs offered by an institution away from a campus of the institution without the facility of a learning center and as defined by commission [department] rule consistent with the Learning Center Act; F. 'institution' means a regionally accredited public or private post-secondary educational institution; G. 'local school board' means the governing body of a school district; and H. 'taxable value of property' means the sum of the following: (1) the 'net taxable value', as that term is defined in the Property Tax Code [Chapter 7, Articles 35 to 38 NMSA 1978], of property subject to taxation under the Property Tax Code; (2) the 'assessed value' of 'products' as those terms are defined in the Oil and Gas Ad Valorem Production Tax Act [Chapter 7, Article 32 NMSA 1978]; (3) the 'assessed value' of

he Property Tax Code; (2) the 'assessed value' of 'products' as those terms are defined in the Oil and Gas Ad Valorem Production Tax Act [Chapter 7, Article 32 NMSA 1978]; (3) the 'assessed value' of 'equipment' as those terms are defined in the Oil and Gas Production Equipment Ad Valorem Tax Act [Chapter 7, Article 34 NMSA 1978]; and (4) the 'taxable value' of 'copper mineral property' as those terms are defined in the Copper Production Ad Valorem Tax Act [Chapter 7, Article 39 NMSA 1978]. History: Laws 2000, ch. 105, § 3. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2005, ch. 289, § 29 provided that all references to the commission on higher education be construed to be references to the higher education department. Effective dates. — Laws 2000, ch. 105 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective on May 17, 2000, 90 days after adjournment of the legislature.