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Section 75-9-3 – Definitions.

As used in the Land Conservation Incentives Act: A. “interest in real property” means a right in real property, including access, improvements, water rights, fee simple interest, easement and land use easement. The interest shall comply with the requirements of the Section 170(h) of the Internal Revenue Code of 1986, partial interest, mineral right, remainder […]

Section 75-9-4 – Administration.

A. The Land Conservation Incentives Act shall be administered by the secretary of energy, minerals and natural resources in consultation with the committee established pursuant to the Natural Lands Protection Act [75-5-1 to 75-5-6 NMSA 1978]. B. The secretary of energy, minerals and natural resources may promulgate rules as may be deemed necessary to certify […]

Section 75-9-5 – Applicability and limitations.

A. The tax credits provided by the Land Conservation Incentives Act apply to transfers of land or interests therein in taxable years beginning on or after January 1, 2004 and all taxable years thereafter. B. A taxpayer claiming a tax credit pursuant to the Land Conservation Incentives Act may not claim a credit pursuant to […]

Section 75-9-6 – Interpretation.

No part or segment of the Land Conservation Incentives Act shall be interpreted to alter or amend permit requirements, reporting requirements, allocation procedures or other requirements as set forth in any other provision of state law. History: Laws 2003, ch. 331, § 6. ANNOTATIONS Effective dates. — Laws 2003, ch. 331, § 9 makes the […]

Section 75-10-1 – Short title.

This act [75-10-1 to 75-10-9 NMSA 1978] may be cited as the “Natural Heritage Conservation Act”. History: Laws 2010, ch. 83, § 1. ANNOTATIONS Effective dates. — Laws 2010, ch. 83 contained no effective date provision, but, pursuant to N.M. Const., art. IV, § 23, was effective May 19, 2010, 90 days after the adjournment […]

Section 75-10-2 – Purpose.

The purpose of the Natural Heritage Conservation Act is to protect the state’s natural heritage, customs and culture by funding conservation and agricultural easements and by funding land restoration to protect the land and water available for forests and watersheds, natural areas, wildlife and wildlife habitat, agricultural production on working farms and ranches, outdoor recreation […]

Section 75-5-6 – Acquisition of lands.

No lands or rights of access will be acquired under the Natural Lands Protection Act through exercise of the state’s power of eminent domain or any other condemnation process. History: Laws 1987, ch. 192, § 6.

Section 75-7-1 – Short title.

Chapter 75, Article 7 NMSA 1978 may be cited as the “Natural Resources Trustee Act”. History: Laws 1993, ch. 292, § 1; 2007, ch. 249, § 1. ANNOTATIONS The 2007 amendment, effective June 15, 2007, changes the statutory reference to the act. Law reviews. — For article, “Natural Resources Damages under CERCLA: Failures, Lessons Learned, […]

Section 75-7-2 – Natural resources trustee; office of natural resources trustee.

A. The “natural resources trustee” is created. The trustee is appointed by and serves at the pleasure of the governor pursuant to the provisions of the federal Comprehensive Environmental Response, Compensation, and Liability Act of 1980, as amended by the federal Superfund Amendments and Reauthorization Act of 1986, the Federal Water Pollution Control Act and […]