Title: Biomass Equipment & Materials Compensating Sales Tax Incentive in New Mexico
Details:
The Biomass Equipment & Materials Compensating Sales Tax Incentive is an Industrial and Commercial program for those who have energy efficient improvements made with the following: CHP/Cogeneration, Hydrogen, Anaerobic Digestion, Ethanol, Methanol, Bio-diesel, Micro-turbines, Landfill Gas, Biomass, and Municipal Solid Waste. The program offers 100% off sales tax. The following legislation set up this program: NM Stat. § 7-9-98. For more details use the following links and contact below:
http://www.nmlegis.gov/Sessions/10%20Regular/final/HB0233.pdf
Contact for more information:
Public Information
New Mexico Taxation & Revenue Department
Administrative Services Division – Joseph Montoya Bldg
P.O. Box 630
1100 South St. Frances Dr
Santa Fe, NM 87504-0630
Phone: (505) 827-0369
Phone 2: (505) 827-0700
E-Mail: poffice@state.nm.us
Web Site: http://www.tax.state.nm.us/
