N.M. Stat. Ann. § 77-2-32
History: Laws 2013, ch. 49, § 1; 2023, ch. 45, § 6.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Laws 2025, ch. 130, § 155 repealed 7-2-30.7 NMSA 1978 effective July 1, 2025.
The 2023 amendment, effective July 1, 2023, made changes to conform to the definition of "equine" as used in the Livestock Code; substituted "equine" for "horse" throughout the section; and in Subsection A, after "Section", deleted "2 of this 2013 act" and added "7-2-30.7 NMSA 1978".
Applicability. — Laws 2013, ch. 49, § 3 provided that the provisions of Laws 2013, ch. 49, § 1 apply to taxable years beginning on or after January 1, 2013.