The premium tax imposed pursuant to Chapter 59A, Article 6 NMSA 1978 does not apply to any business transacted pursuant to the provisions of the Service Contract Regulation Act.
History: Laws 2001, ch. 206, § 7.
ANNOTATIONS
Cross references. — For exemption of the Service Contract Regulation Act, see 59A-58-7 NMSA 1978.
Effective dates. — Laws 2001, ch. 206, § 20 made Laws 2001, ch. 206, § 7 effective July 1, 2002.