New Mexico Donated Easement Transferable Tax Credit Statute

Increases the personal and corporate income tax credit for the donation of land for open space, natural resource or biodiversity conservation, agricultural preservation or watershed or historic preservation from $100,000 to $250,000. Provides for sale, exchange transfer of the income tax credit and the corporate income tax credit that may be claimed for certain conveyances of real property.

Downloadable Documents: 
N.M. Stat. 7-2-18.10 (2008).
Law Category: 
State Laws