Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State: | New Mexico |
Effected Jurisdiction: | City of Rio Rancho |
Jurisdiction type: | Municipality |
Fiscal year ending In: | 2021 |
Program name: | Safelite Solutions |
Program purpose: | General Economic Development |
Statutory authority: | Section 7-9-54, NMSA 1978 Annotated, Deduction; gross receipts tax; governmental gross receipts tax; sales to governmental agencies. NMAC Section 3.2.212.22 - Tangible personal property in projects financed by industrial revenue or similar bonds. |
Abating jurisdiction(s): | Rio Rancho, New Mexico |
Applicable taxes: | Property Tax on Business Personal Property Taxes Gross Receipts and Compensating Taxes |
Method of abatement: | Tax Abatement |
Provisions for recapture: | (no provisions for recapture) |
Gross revenue loss: | $10,318 |
Reimbursement / offset: | $0 |
Net revenue loss: | $10,318 |
Type of loss: | Active |
Additional notes on dislosure: | (none) |