US lawNew MexicoStatutesChapter 7Article 97-9-23.1N.M. Stat. § 7-9-23.1§ 7-9-23.1. Exemption; compensating tax; boatsYear: 2026Length: 23 wordsExempted from the compensating tax is the use of boats on which the tax imposed by Section 66-12-6.1 NMSA 1978 has been paid.PreviousN.M. Stat. § 7-9-23.1NextN.M. Stat. § 7-9-24