New Mexico Statutes
Chapter 7 - Taxation
Article 37 - Imposition of Property Tax

Section 7-37-1 - Provisions for imposition of tax; applicability. - The provisions of Chapter 7, Article 37 NMSA 1978 apply...

Section 7-37-2 - Imposition of the tax. - A tax is imposed upon all property subject to valuation...

Section 7-37-3 - Tax ratio established. - The tax ratio is thirty-three and one-third percent. History: 1953...

Section 7-37-4 - Head-of-family exemption. - A. Up to two thousand dollars ($2,000) of the taxable...

Section 7-37-5 - Veteran exemption. - A. Up to four thousand dollars ($4,000) of the taxable...

Section 7-37-5.1 - Disabled veteran exemption. - A. As used in this section: (1) "disabled veteran" means...

Section 7-37-5.2 - Deleted. - Compiler's notes. — Section 7-37-5.2 NMSA 1978, as enacted by...

Section 7-37-5.3 - Veterans' organization exemption. - The property of a veterans' organization chartered by the United...

Section 7-37-5.4 - Property owned by a disabled veteran is exempt from a special benefit assessment. - A. Property owned by a disabled veteran, including joint or...

Section 7-37-6 - Rate of tax cumulative; determination; governmental units' entitlement to tax. - A. The rate of the tax is cumulative and shall...

Section 7-37-7 - Tax rates authorized; limitations. - A. The tax rates specified in Subsection B of this...

Section 7-37-7.1 - Additional limitations on property tax rates. - A. Except as provided in Subsections D and E of...

Section 7-37-8 - School tax rates. - No later than August 15 of each year, the state...