As used in the Learning Center Act:

1. A. "board" means a learning center district board;
2. B. "commission" means the commission on higher education [higher education department];
3. C. "community college board" means the governing body of a community college district;
4. D. "district" means a learning center district;
5. E. "extended learning services" means academic and vocational educational programs offered by an institution away from a campus of the institution without the facility of a learning center and as defined by commission [department] rule consistent with the Learning Center Act;
6. F. "institution" means a regionally accredited public or private post-secondary educational institution;
7. G. "local school board" means the governing body of a school district; and

8. H. "taxable value of property" means the sum of the following:

   1. (1) the "net taxable value", as that term is defined in the Property Tax Code [Chapter 7, Articles 35 to 38 NMSA 1978], of property subject to taxation under the Property Tax Code;
   2. (2) the "assessed value" of "products" as those terms are defined in the Oil and Gas Ad Valorem Production Tax Act [Chapter 7, Article 32 NMSA 1978];
   3. (3) the "assessed value" of "equipment" as those terms are defined in the Oil and Gas Production Equipment Ad Valorem Tax Act [Chapter 7, Article 34 NMSA 1978]; and
   4. (4) the "taxable value" of "copper mineral property" as those terms are defined in the Copper Production Ad Valorem Tax Act [Chapter 7, Article 39 NMSA 1978].

History: Laws 2000, ch. 105, § 3.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Laws 2005, ch. 289, § 29 provided that all references to the commission on higher education be construed to be references to the higher education department.

Effective dates. — Laws 2000, ch. 105 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective on May 17, 2000, 90 days after adjournment of the legislature.