It is the purpose of the Laboratory Partnership with Small Business Tax Credit Act to bring the technology and expertise of the national laboratories to small businesses in New Mexico to promote economic development in the state, with an emphasis on rural areas.
History: Laws 2000 (2nd S.S.), ch. 20, § 2.
Effective dates. — Laws 2000 (2nd S.S.), ch. 20 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective on July 3, 2000, 90 days after the adjournment of the legislature.
Structure New Mexico Statutes
Article 9E - Laboratory Partnership with Small Business Tax Credit
Section 7-9E-2 - Purpose of act.
Section 7-9E-4 - Administration of act.
Section 7-9E-5 - Eligibility requirements.
Section 7-9E-6 - Administration by the national laboratory.
Section 7-9E-7 - Tax credits; amounts.
Section 7-9E-8 - Claiming the tax credit; limitation.
Section 7-9E-9 - Termination of the revolving fund.
Section 7-9E-10 - Coordination between national laboratories.