reglab/housing_qa huggingface dataset:
NM Stat § 7-9-90 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-90 - Deductions; gross receipts tax; sales of uranium hexafluoride and enrichment of uranium.

A. Receipts from selling uranium hexafluoride and from providing the service of enriching uranium may be deducted from gross receipts. B. The department shall annually report to the revenue stabilization and tax policy committee aggregate amounts of deductions taken pursuant to this section, the number of taxpayers claiming the deduction and any other information that is necessary to determine that the deduction is performing a purpose that is beneficial to the state. C. A taxpayer deducting gross receipts pursuant to this section shall report the amount deducted separately and attribute the amount of the deduction to the authorization provided in this section in a manner required by the department that facilitates the evaluation by the legislature for the benefit to the state of this deduction. History: Laws 1999, ch. 231, § 3; 2012, ch. 13, § 1. ANNOTATIONSCross references. — For deduction of value of equipment and its replacement parts from compensating tax, see 7-9-78.1 NMSA 1978. The 2012 amendment, effective May 16, 2012, provided for a deduction of receipts from sales of uranium hexafluoride; required reports to determine whether the deduction is beneficial to the state; in the title, after "sales of", deleted "enriched", and after "uranium", added "hexafluoride"; in Subsection A, after "Receipts from selling", deleted "enriched", and after "uranium", added "hexafluoride"; and added Subsections B and C.
NM Stat § 7-9-91 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-91 - Deduction; compensating tax; contributions of inventory to certain organizations and governmental agencies.

A. Except as provided otherwise in Subsection D of this section, the value of tangible personal property that is removed from inventory and contributed to organizations that have been granted exemption from the federal income tax by the United States commissioner of internal revenue as organizations described in Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, may be deducted in computing the compensating tax due, provided that the contribution is deductible for federal income tax purposes by the person from whose inventory the property was withdrawn or, if the person from whose inventory the property was withdrawn is a pass-through entity as that term is defined in Section 7-3-2 NMSA 1978, the contribution is deductible by the owner or owners of the pass-through entity. B. Except as provided otherwise in Subsection D of this section, the value of tangible personal property that is removed from inventory and contributed to the United States or New Mexico or any governmental unit or subdivision, agency, department or instrumentality thereof may be deducted in computing the compensating tax due. C. Except as provided otherwise in Subsection D of this section, the value of tangible personal property that is removed from inventory and contributed to an Indian tribe, nation or pueblo or any governmental subdivision, agency, department or instrumentality thereof for use on that Indian reservation or pueblo grant may be deducted in computing the compensating tax due. D. Unless contrary to federal law, the deduction provided by this section does not apply to: (1) a contribution of metalliferous mineral ore; (2) a contribution of tangible personal property that is or will be incorporated into a metropolitan redevelopment project created under the Metropolitan Redevelopment Code [Chapter 3, Article 60A NMSA 1978]; (3) a contribution of tangible personal property that will become an ingredient or component part of a construction project; or (4) a contribution of tangible personal property utilized or produced in the performance of a service. E. For purposes of this section: (1) "inventory" means tangible personal property held for sale or lease in the ordinary course of business; and (2) "contributed" or "contribution" means a transfer of ownership without consideration. Public acknowledgment of the contribution does not constitute consideration for the purpose of this section. History: Laws 2001, ch. 135, § 1. ANNOTATIONSCross references. — For Section 501(c)(3) of the Internal Revenue Code of 1986, see 26 U.S.C.S. § 501(c)(3). Effective dates. — Laws 2001, ch. 135, § 2 made Laws 2001, ch. 135, § 1 effective July 1, 2001.
NM Stat § 7-9-92 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-92 - Deduction; gross receipts; sale of food at retail food store.

A. Receipts from the sale of food by a retail food store that are not exempt from gross receipts taxation and are not deductible pursuant to another provision of the Gross Receipts and Compensating Tax Act may be deducted from gross receipts. The deduction provided by this section shall be separately stated by the taxpayer.B. For the purposes of this section:(1) "food" means any food or food product for home consumption that meets the definition of food in 7 USCA 2012(k)(1) for purposes of the federal supplemental nutrition assistance program; and(2) "retail food store" means an establishment that sells food for home preparation and consumption and that meets the definition of retail food store in 7 USCA 2012(o)(1) for purposes of the federal supplemental nutrition assistance program, whether or not the establishment participates in the supplemental nutrition assistance program. History: Laws 2004, ch. 116, § 5; 2021, ch. 65, § 26. ANNOTATIONSThe 2021 amendment, effective July 1, 2021, provided that the existing gross receipts tax deduction for receipts from the sale of food for home consumption is available for food sold by a retail food store and not at a retail food store, and revised the definitions of "food" and "retail food store" for purposes of this section; in Subsection A, after "the sale of food", deleted "at" and added "by"; and in Subsection B, Paragraph B(1), after "7 USCA", changed "2012(g)(1) to "2012(k)(1), and after "federal", deleted "food stamp" and added "supplemental nutrition assistance", and in Paragraph B(2), after "7 USCA", changed "2012(k)(1)" to "2012(o)(1)", and changed each occurrences of "food stamp" to "supplemental nutrition assistance".
NM Stat § 7-9-94 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-94 - Deduction; gross receipts; military transformational acquisition programs.

A. Receipts from transformational acquisition programs performing research and development, test and evaluation at New Mexico major range and test facility bases pursuant to contracts entered into with the United States department of defense may be deducted from gross receipts through June 30, 2025. B. As used in this section, "transformational acquisition program" means a military acquisition program authorized by the office of the secretary of defense force transformation and not physically tested in New Mexico on or before July 1, 2005. C. The deduction provided in this section does not apply to receipts of a prime contractor operating facilities designated as a national laboratory by act of congress and is not applicable to current force programs as of July 1, 2005. D. The department shall compile an annual report on the deduction provided by this section that shall include the number of taxpayers that claimed the deduction, the aggregate amount of deductions claimed and any other information necessary to evaluate the effectiveness of the deduction. No later than December 1 of each year that the deduction is in effect, the department shall compile and present the annual report to the revenue stabilization and tax policy committee and the legislative finance committee with an analysis of the cost and benefit to the state of the deduction. History: Laws 2005, ch. 104, § 23; 2006, ch. 72, § 1; 2015, ch. 18, § 1. ANNOTATIONSThe 2015 amendment, effective June 19, 2015, amended the Gross Receipts and Compensating Tax Act by deferring the expiration date of the deduction from gross receipts for certain military acquisition programs and required the taxation and revenue department to compile an annual report on the deduction provided by this section; in Subsection A, deleted "2016" and added "2025"; and added Subsection D. The 2006 amendment, effective May 17, 2006, changed the expiration date from June 30, 2008 to June 30, 2016.
NM Stat § 7-9-95 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-95 - Deduction; gross receipts tax; sales of certain tangible personal property; limited period.

Receipts from the sale at retail of the following types of tangible personal property may be deducted if the sale of the property occurs during the period beginning at 12:01 a.m. on the first Friday in August and ending at midnight on the following Sunday: A. an article of clothing or footwear designed to be worn on or about the human body if the sales price of the article is less than one hundred dollars ($100) except: (1) any special clothing or footwear that is primarily designed for athletic activity or protective use and that is not normally worn except when used for the athletic activity or protective use for which it is designed; and (2) accessories, including jewelry, handbags, luggage, umbrellas, wallets, watches and similar items worn or carried on or about the human body, without regard to whether worn on the body in a manner characteristic of clothing; B. a desktop, laptop or notebook computer if the sales price of the computer does not exceed one thousand dollars ($1,000) and any associated monitor, speaker or set of speakers, printer, keyboard, microphone or mouse if the sales price of the device does not exceed five hundred dollars ($500); and C. school supplies that are items normally used by students in a standard classroom for educational purposes, including notebooks, paper, writing instruments, crayons, art supplies, rulers, book bags, backpacks, handheld calculators, maps and globes, but not including watches, radios, compact disc players, headphones, sporting equipment, portable or desktop telephones, copiers, office equipment, furniture or fixtures. History: Laws 2005, ch. 104, § 25. ANNOTATIONSEffective dates. — Laws 2005, ch. 104, § 29 made Laws 2005, ch. 104, § 25 effective July 1, 2005.
NM Stat § 7-9-96 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-96 - Repealed.

History: Laws 2005, ch. 104, § 26; repealed by Laws 2020, ch. 80, § 14. ANNOTATIONSRepeals. — Laws 2020, ch. 80, § 14 repealed 7-9-96 NMSA 1978, as enacted by Laws 2005, ch. 104, § 26, relating to credit, gross receipts tax, governmental gross receipts tax, certain sales for resale, effective July 1, 2020. For provisions of former section, see the 2019 NMSA 1978 on NMOneSource.com.
NM Stat § 7-9-96.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-96.1 - Repealed.

History: Laws 2007, ch. 361, § 7; repealed by Laws 2019, ch. 270, § 56. ANNOTATIONSRepeals. — Laws 2019, ch. 270, § 56 repealed 7-9-96.1 NMSA 1978, as enacted by Laws 2007, ch. 361, § 7, relating to credit, gross receipts tax, receipts of certain hospitals, effective July 1, 2019. For provisions of former section, see the 2018 NMSA 1978 on NMOneSource.com.
NM Stat § 7-9-97 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-97 - Deduction; gross receipts tax; receipts from certain purchases by or on behalf of the state.

Receipts from the sale of property or services purchased by or on behalf of the state from funds obtained from the forfeiture of financial assurance pursuant to the New Mexico Mining Act [Chapter 69, Article 36 NMSA 1978] or the forfeiture of financial responsibility pursuant to the Water Quality Act [Chapter 74, Article 6 NMSA 1978] may be deducted from gross receipts. History: Laws 2005, ch. 169, § 1. ANNOTATIONSEffective dates. — Laws 2005, ch. 169 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 17, 2005, 90 days after adjournment of the legislature.
NM Stat § 7-9-98 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-98 - Deduction; compensating tax; biomass-related equipment; biomass materials.

A. The value of a biomass boiler, gasifier, furnace, turbine-generator, storage facility, feedstock processing or drying equipment, feedstock trailer or interconnection transformer may be deducted in computing the compensating tax due. B. The value of biomass materials used for processing into biopower, biofuels or biobased products may be deducted in computing the compensating tax due. C. As used in this section: (1) "biobased products" means products created from plant- or crop-based resources such as agricultural crops and crop residues, forestry, pastures and rangelands that are normally made from petroleum (2) "biofuels" means biomass converted to liquid or gaseous fuels such as ethanol, methanol, methane and hydrogen; (3) "biomass material" means organic material that is available on a renewable or recurring basis, including: (a) forest-related materials, including mill residues, logging residues, forest thinnings, slash, brush, low commercial value materials or undesirable species, salt cedar and other phreatophyte or woody vegetation removed from river basins or watersheds and woody material harvested for the purpose of forest fire fuel reduction or forest health and watershed improvement; (b) agricultural-related materials, including orchard trees, vineyard, grain or crop residues, including straws and stover, aquatic plants and agricultural processed co-products and waste products, including fats, oils, greases, whey and lactose; (c) animal waste, including manure and slaughterhouse and other processing waste; (d) solid woody waste materials, including landscape or right-of-way tree trimmings, range land maintenance residues, waste pallets, crates and manufacturing, construction and demolition wood wastes, excluding pressure-treated, chemically treated or painted wood wastes and wood contaminated with plastic; (e) crops and trees planted for the purpose of being used to produce energy; (f) landfill gas, wastewater treatment gas and biosolids, including organic waste byproducts generated during the wastewater treatment process; and (g) segregated municipal solid waste, excluding tires and medical and hazardous waste; and (4) "biopower" means biomass converted to produce electrical and thermal energy. History: Laws 2005, ch. 179, § 1. ANNOTATIONSEffective dates. — Laws 2005, ch. 179 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 17, 2005, 90 days after adjournment of the legislature.
NM Stat § 7-9-99 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-99 - Deduction; gross receipts tax; sale of engineering, architectural and new facility construction services used in construction of certain public health care facilities.

Receipts from selling an engineering, architectural or construction service used in the new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage area may be deducted from gross receipts if the sale of the engineering, architectural or construction service is made to a foundation or a nonprofit organization that: A. has entered into a written agreement with a county to pay at least ninety-five percent of the costs of new facility construction of that sole community provider hospital [qualifying hospital]; and B. delivers to the seller of the engineering, architectural or construction service either an appropriate nontaxable transaction certificate or other evidence acceptable to the secretary of a written agreement made in accordance with Subsection A of this section. History: Laws 2006, ch. 35, § 1. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2014, ch. 79, § 18 provided that all references in law to a sole community provider hospital shall be deemed to be references to a qualifying hospital pursuant to the Indigent Hospital and County Health Care Act, effective March 12, 2014. Effective dates. — Laws 2006, ch. 35, § 3 made Laws 2006, ch. 35, § 1 effective July 1, 2006.
NM Stat § 7-9-100 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-100 - Deduction; gross receipts tax; sale of construction equipment and construction materials used in new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage area.

Receipts from selling construction equipment or construction materials used in the new facility construction of a sole community provider hospital [qualifying hospital] that is located in a federally designated health professional shortage area may be deducted from gross receipts if the sale of the construction equipment or construction materials is made to a foundation or a nonprofit organization that: A. has entered into a written agreement with a county to pay at least ninety-five percent of the costs of new facility construction of that sole community provider hospital [qualifying hospital]; and B. delivers to the seller either an appropriate nontaxable transaction certificate or other evidence acceptable to the secretary of a written agreement made in accordance with Subsection A of this section. History: Laws 2006, ch. 35, § 2. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2014, ch. 79, § 18 provided that all references in law to a sole community provider hospital shall be deemed to be references to a qualifying hospital pursuant to the Indigent Hospital and County Health Care Act, effective March 12, 2014. Effective dates. — Laws 2006, ch. 35, § 3 made Laws 2006, ch. 35, § 2 effective July 1, 2006.
NM Stat § 7-9-101 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-101 - Deduction; gross receipts; equipment for certain electric transmission or storage facilities.

Receipts from selling equipment to the New Mexico renewable energy transmission authority or an agent or lessee of the authority may be deducted from gross receipts if the equipment is installed as part of an electric transmission facility or an interconnected storage facility acquired by the authority pursuant to the New Mexico Renewable Energy Transmission Authority Act [Chapter 62, Article 16A NMSA 1978]. History: Laws 2007, ch. 3, § 16. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 16 effective July 1, 2007.
NM Stat § 7-9-102 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-102 - Deduction; compensating tax; equipment for certain electric transmission or storage facilities.

The value of equipment installed as part of an electric transmission facility or an interconnected storage facility acquired by the New Mexico renewable energy transmission authority pursuant to the New Mexico Renewable Energy Transmission Authority Act [Chapter 62, Article 16A NMSA 1978] may be deducted in computing compensating tax due. History: Laws 2007, ch. 3, § 17. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 17 effective July 1, 2007.
NM Stat § 7-9-103 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-103 - Deduction; gross receipts; services provided for certain electric transmission and storage facilities.

Receipts from providing services to the New Mexico renewable energy transmission authority or an agent or lessee of the authority for the planning, installation, repair, maintenance or operation of an electric transmission facility or an interconnected storage facility acquired by the authority pursuant to the New Mexico Renewable Energy Transmission Authority Act [Chapter 62, Article 16A NMSA 1978] may be deducted from gross receipts. History: Laws 2007, ch. 3, § 18. ANNOTATIONSEffective date. — Laws 2007, ch. 3, § 19 made Laws 2007, ch. 3, § 18 effective July 1, 2007.
NM Stat § 7-9-103.1 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-103.1 - Deduction; gross receipts tax; converting electricity.

A. Receipts from the transmission of electricity where voltage source conversion technology is employed to provide such services and from ancillary services may be deducted from gross receipts. B. The department shall report annually to the interim revenue stabilization and tax policy committee on the expansion of voltage source conversion technology use in the transmission of electricity in New Mexico and the use of the deduction provided in this section. C. As used in this section, "ancillary services" means services that are supplied from or in connection with facilities employing voltage source conversion technology and that are used to support or enhance the efficient and reliable operation of the electric system. History: Laws 2012, ch. 12, § 2. ANNOTATIONSEffective dates. — Laws 2012, ch. 12, § 4 made Laws 2012, ch. 12, § 2 effective July 1, 2012.
NM Stat § 7-9-103.2 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-103.2 - Deduction; gross receipts; electricity exchange.

A. Receipts from operating a market or exchange for the sale or trading of electricity, rights to electricity and derivative products and from providing ancillary services may be deducted from gross receipts. B. The department shall report annually to the interim revenue stabilization and tax policy committee on use of the deduction provided in this section. C. As used in this section, "ancillary services" means services that are supplied from or in connection with facilities employing voltage source conversion technology and that are used to support or enhance the efficient and reliable operation of the electric system. History: Laws 2012, ch. 12, § 3. ANNOTATIONSEffective dates. — Laws 2012, ch. 12, § 4 made Laws 2012, ch. 12, § 3 effective July 1, 2012.
NM Stat § 7-9-104 (2021)
2021 New Mexico Statutes|Chapter 7 - Taxation|Article 9 - Gross Receipts and Compensating Tax|Section 7-9-104 - Deduction; gross receipts; nonathletic special event at post-secondary educational institution.

Receipts received from July 1, 2007 through June 30, 2022 from admissions to a nonathletic special event held at a venue that is located on the campus of a post-secondary educational institution within fifty miles of the New Mexico border and that accommodates at least ten thousand persons may be deducted from gross receipts or from governmental gross receipts. History: Laws 2007, ch. 33, § 1; 2012, ch. 22, § 1; 2017, ch. 46, § 1. ANNOTATIONSThe 2017 amendment, effective June 16, 2017, expanded the deduction from gross receipts tax to both gross receipts tax and governmental gross receipts tax, and extended the expiration date of the gross receipts and governmental gross receipts tax deduction for nonathletic special events at certain post-secondary educational institutions; after "June 30", changed "2017" to "2022", and after "may be deducted from gross receipts", added "or from governmental gross receipts". The 2012 amendment, effective May 16, 2012, extended the deduction for an additional five years and after "June 30", changed "2012" to "2017".