2021 New Mexico Statutes
Article 15 - Tax Increment for Development
Section 5-15-8.1 - Posting of notices.

For any election conducted pursuant to the Tax Increment for Development Act, in addition to the notice requirements set forth in Section 5-15-8 NMSA 1978, the owners shall ensure that notices shall be posted in three conspicuous public places within the boundaries of the district not less than twenty days before the first day for voting in the election.
History: Laws 2019, ch. 212, § 275.
Emergency clauses. — Laws 2019, ch. 212, § 286, contained an emergency clause and was approved April 3, 2019.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 5 - Municipalities and Counties

Article 15 - Tax Increment for Development

Section 5-15-1 - Short title.

Section 5-15-2 - Findings and purpose.

Section 5-15-3 - Definitions.

Section 5-15-4 - Resolution for formation of a district.

Section 5-15-5 - Contents of tax increment development plan.

Section 5-15-6 - Notice of public hearing.

Section 5-15-7 - Public hearing.

Section 5-15-8 - Formation determination; election.

Section 5-15-8.1 - Posting of notices.

Section 5-15-9 - Formation of a district.

Section 5-15-10 - Governance of the district.

Section 5-15-11 - Records; open meetings.

Section 5-15-12 - District powers; limitations.

Section 5-15-13 - Authority to impose property tax levy.

Section 5-15-14 - Property tax levy rescission election.

Section 5-15-15 - Tax increment financing; gross receipts tax increment to secure bonds.

Section 5-15-15.1 - Filing fee for evaluating use of state gross receipts tax increment.

Section 5-15-16 - Bonding authority; gross receipts tax increment.

Section 5-15-17 - Property tax increment bonds.

Section 5-15-18 - Bonding authority; property tax increment.

Section 5-15-19 - Refunding bonds.

Section 5-15-20 - General bonding authority of a tax increment development district; other limitations.

Section 5-15-20.1 - Debt service reserve account.

Section 5-15-21 - Approval required for issuance of bonds against state gross receipts tax increments.

Section 5-15-22 - Exemption from taxation.

Section 5-15-23 - Protection from impairment.

Section 5-15-24 - Tax increment accounting procedures.

Section 5-15-25 - Modification of tax increment development area boundaries or tax increment development plan.

Section 5-15-25.1 - Base year revision; resolution; comment period; submission of materials.

Section 5-15-25.2 - Base year revision; approval.

Section 5-15-25.3 - Base year revision; effect.

Section 5-15-26 - Termination of tax increment development district.

Section 5-15-27 - Dedication of gross receipts tax increment; notice to taxation and revenue department.

Section 5-15-28 - Bond term expiration.

Section 5-15-29 - Report required.