N.M. Admin. Code § 3.6.7.28

Current through Register Vol. 35, No. 23, December 10, 2024
Section 3.6.7.28 - VETERANS EXEMPTION FROM REGISTRATION FEE FOR A MOTOR VEHICLE

Pursuant to Section 66-6-7 NMSA 1978 county assessors, upon receipt of information certified by the director of the motor vehicle division of the taxation and revenue department, are required to note on their valuation records the reduction of a veteran's exemption resulting from the allowance of a reduction from motor vehicle registration fees due to a claim of the exemption on those fees. If the veteran is not the owner of property subject to property tax, the notation is not required to be made.

N.M. Admin. Code § 3.6.7.28

3/23/83, 12/29/94, 8/31/96; 3.6.7.28 NMAC - Rn & A, 3 NMAC 6.7.28, 4/30/01