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.
The 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.
Structure 2021 New Mexico Statutes
Article 9F - Technology Jobs and Research and Development Tax Credit
Section 7-9F-2 - Purpose of act.
Section 7-9F-4 - Administration of act.
Section 7-9F-5 - Basic credit; additional credit; amounts; claimant.
Section 7-9F-6 - Eligibility requirements.
Section 7-9F-9 - Claiming the basic credit.
Section 7-9F-9.1 - Claiming the additional credit.
Section 7-9F-10 - Credit claim forms.