Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 9E - Laboratory Partnership with Small Business Tax Credit, 7-9E-1 through 7-9E-11. > Section 7-9E-2 - Purpose of act.

Section 7-9E-2 - Purpose of act.

7-9E-2. Purpose of act.

It is the purpose of the Laboratory Partnership with Small Business Tax Credit Act to bring the technology and expertise of the national laboratories to small businesses in New Mexico to promote economic development in the state, with an emphasis on rural areas.