New Mexico Administrative Code
Title 3 - TAXATION
Chapter 6 - PROPERTY TAXES
Part 7 - ADMINISTRATIVE PROVISIONS
Section 3.6.7.34 - COUNTY VALUATION PROTESTS BOARDS
Current through Register Vol. 35, No. 18, September 24, 2024
A. BUDGET ITEM FOR EXPENSES INCURRED IN CONNECTION WITH PROTEST HEARINGS: The department prepares and submits to the legislature, as part of its annual budget, a budget item for the reimbursement of board members, and all other actual and direct expenses incurred in connection with protest hearings. The department may require county assessors to provide information concerning their estimates of the number of protests in their counties and other information which will aid the department in preparing this budget item.
B. LEGAL FEES NOT AUTOMATICALLY INCLUDED IN "ALL OTHER ACTUAL AND DIRECT EXPENSES INCURRED IN CONNECTION WITH PROTEST HEARINGS": The phrase "all other actual and direct expenses incurred in connection with protest hearings" does not include any expenses for lawyers hired by the board or by board members, unless such expenses have been approved in writing by the director prior to their having been incurred.
