New Mexico Statutes
Chapter 7 - Taxation
Article 36 - Valuation of Property

Section 7-36-1 - Provisions for valuation of property; applicability. - The provisions of this article apply to and govern the...

Section 7-36-2 - Allocation of responsibility for valuation and determining classification of property for property taxation purposes; county assessor and department. - A. The county assessor is responsible and has the authority...

Section 7-36-2.1 - Classification of property. - A. Property subject to valuation for property taxation purposes shall...

Section 7-36-3 - Industrial revenue bond, pollution control bond, economic development bond and regional air center special economic district bond project property; health-related equipment; tax status. - A. Property interests of a lessee in project property held...

Section 7-36-3.1 - Metropolitan redevelopment property; tax status of lessee's interests. - Property interests of a lessee in project property held under...

Section 7-36-3.2 - Enterprise zone property; tax status of lessee's interests. - Property interests of a lessee in project property held under...

Section 7-36-4 - Fractional property interests; definitions; taxation and valuation of fractional interests. - A. As used in this section: (1) "fractional interest" means...

Section 7-36-5 - Repealed. - Repeals. — Laws 1995, ch. 12, § 15, repealed 7-36-5...

Section 7-36-6 - Repealed. - Repeals. — Laws 1995, ch. 12, § 15, repealed 7-36-6...

Section 7-36-7 - Property subject to valuation for property taxation purposes. - A. Except for the property listed in Subsection B of...

Section 7-36-8 - Tangible personal property exempt from property tax; exceptions. - A. Except as provided in Subsection B of this section,...

Section 7-36-9 - Repealed. - Repeals. — Laws 1993, ch. 8, § 2 repealed 7-36-9...

Section 7-36-10 - Repealed. - Repeals. — Laws 1993, ch. 8, § 2 repealed 7-36-10...

Section 7-36-12 - Repealed. - Repeals. — Laws 1993, ch. 8, § 2 repealed 7-36-12...

Section 7-36-13 - Repealed. - Repeals. — Laws 1993, ch. 8, § 2 repealed 7-36-13...

Section 7-36-14 - Taxable situs; allocation of value of property. - A. Property has a taxable situs in the state if:...

Section 7-36-15 - Methods of valuation for property taxation purposes; general provisions. - A. Property subject to valuation for property taxation purposes under...

Section 7-36-16 - Responsibility of county assessors to determine and maintain current and correct values of property. - A. County assessors shall determine values of property for property...

Section 7-36-17 - Repealed. - Repeals. — Laws 1979, ch. 268, § 3, repealed 7-36-17...

Section 7-36-18 - Collection and publication of property valuation data. - To promote uniformity and measure overall compliance by each county...

Section 7-36-19 - Valuation of major industrial and commercial properties; specialists' services furnished to county assessor by department. - At the request of a county assessor, concurred in by...

Section 7-36-20 - Special method of valuation; land used primarily for agricultural purposes. - A. The value of land used primarily for agricultural purposes...

Section 7-36-21 - Special method of valuation; livestock. - A. All livestock located in the state on January 1...

Section 7-36-21.1 - Repealed. - Repeals. — Laws 1985 (1st S.S.), ch. 12, § 2...

Section 7-36-21.2 - Limitation on increases in valuation of residential property. - A. Residential property shall be valued at its current and...

Section 7-36-21.3 - Limitation on increase in value for single-family dwellings occupied by low-income owners who are sixty-five years of age or older or disabled; requirements; penalties. - A. The valuation for property taxation purposes of a single-family...

Section 7-36-22 - Mineral property; definitions and classifications for valuation purposes. - As used in this article, "mineral property" does not include...

Section 7-36-23 - Special method of valuation; mineral property and property used in connection with mineral property; exception for potash and uranium mineral property and property used in connection with potash and uranium mineral property. - A. The provisions of this section apply to the valuation...

Section 7-36-24 - Special method of valuation; mineral property and property used in connection with mineral property when the primary production from the mineral property is potash. - A. The provisions of this section apply to valuation of...

Section 7-36-25 - Special method of valuation; mineral property and property used in connection with mineral property when the primary production from the mineral property is uranium. - A. The provisions of this section apply to the valuation...

Section 7-36-26 - Special method of valuation; manufactured homes. - A. The owner of a manufactured home subject to valuation...

Section 7-36-27 - Special method of valuation; pipelines, tanks, sales meters and plants used in the processing, gathering, transmission, storage, measurement or distribution of oil, natural gas, carbon dioxide or liquid hydrocarbons. - A. All pipelines, tanks, sales meters and plants used in...

Section 7-36-28 - Special method of valuation; pipelines, tanks, collection systems, meters, plants and hydrants used in the collection, transmission, storage, treatment, discharge, measurement or distribution of water or wastewater. - A. Except as provided in Subsection F [G] of this...

Section 7-36-29 - Special method of valuation; property used for the generation, transmission or distribution of electric power or energy. - A. All property used for the generation, transmission or distribution...

Section 7-36-30 - Special methods of valuation; property that is part of a communications system. - A. All property that is part of a communications system...

Section 7-36-31 - Special method of valuation; operating railroad property. - A. All property owned or leased and used by an...

Section 7-36-32 - Special method of valuation; commercial aircraft. - A. All commercial aircraft used by commercial airline companies in...

Section 7-36-33 - Special method of valuation; certain industrial and commercial personal property. - A. The following kinds of property shall be valued for...