A district has no direct taxation authority.
History: Laws 2003, ch. 65, § 16.
Effective dates. — Laws 2003, ch. 65, contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective June 20, 2003, 90 days after adjournment of the legislature.
Structure New Mexico Statutes
Chapter 73 - Special Districts
Article 25 - Regional Transit District
Section 73-25-1 - Short title.
Section 73-25-3 - Definitions.
Section 73-25-4 - Creation of districts.
Section 73-25-6 - Powers of the district.
Section 73-25-7 - Toll collection.
Section 73-25-9 - Agreement of the state not to limit or alter rights of obligees.
Section 73-25-10 - Investments.
Section 73-25-11 - Exemption from taxation.
Section 73-25-12 - Cooperative powers.
Section 73-25-13 - Powers of governmental units.
Section 73-25-14 - Notice; opportunity for comment.
Section 73-25-15 - Notice; coordination of information.
Section 73-25-17 - Addition or withdrawal of territory by a district.