The department shall administer the Technology Jobs and Research and Development Tax Credit Act pursuant to the Tax Administration Act. History: Laws 2000 (2nd S.S.), ch. 22, § 4; 2015 (1st S.S.), ch. 2, § 13. ANNOTATIONSThe 2015 (1st S.S.) amendment, effective January 1, 2016, added 'and Research and Development' after 'Technology Jobs'. Applicability. — Laws 2015 (1st S.S.), ch. 2, § 25 provided that Laws 2015 (1st S.S.), ch. 2, § 13 apply to taxpayers that make a qualified expenditure beginning on or after January 1, 2015.
New Mexico Legal Code