The department shall provide credit claim forms. A credit claim shall accompany any return to which the taxpayer wishes to apply an approved credit, and the claim shall specify the amount of credit intended to apply to each return.
History: Laws 1979, ch. 347, § 9; 1991, ch. 159, § 7; 1991, ch. 162, § 7.
The 1991 amendment, effective June 14, 1991, substituted "department" for "division" in the first sentence and "shall" for "must" in two places in the second sentence. Laws 1991, ch. 159, § 7 enacted identical amendments to this section. The section was set out as amended by Laws 1991, ch. 162, § 7. See 12-1-8 NMSA 1978.
Structure New Mexico Statutes
Article 9A - Investment Credit
Section 7-9A-2 - Purpose of act.
Section 7-9A-2.1 - Legislative oversight.
Section 7-9A-4 - Administration of the act.
Section 7-9A-5 - Investment credit; amount; claimant.
Section 7-9A-6 - Qualified equipment.
Section 7-9A-7 - Value of qualified equipment.
Section 7-9A-7.1 - Employment requirements.
Section 7-9A-8 - Claiming the credit for certain taxes.