Interest earned on all severance tax income bonds shall be exempt from taxation by the state or any of its political subdivisions. History: Laws 1981 (1st S.S.), ch. 9, § 20.
New Mexico Legal Code
Interest earned on all severance tax income bonds shall be exempt from taxation by the state or any of its political subdivisions. History: Laws 1981 (1st S.S.), ch. 9, § 20.