New Mexico · New Mexico Statutes 1978 — full code (public domain; via Open US Law, CC BY 4.0)

N.M. Stat. § 7-2-18.10: N.M. Stat. § 7-2-18.10

Civil

What this law says, in plain English

This statute allows taxpayers a state income tax credit equal to fifty percent of the fair market value of land donated for conservation, agricultural, or historic preservation purposes, subject to dollar limits and carryover provisions.

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.