New Mexico Biomass

3

3 verified programs, updated 2026-08-08. 3 incentive types.

Sales Tax Incentive (1)Corporate Tax Credit (1)Personal Tax Credit (1)

Biomass Equipment & Materials Compensating Tax Deduction
Sales Tax IncentiveDecember 24, 2025
100% of value may be deducted for purposes of calculating Compensating Tax due
Agricultural Biomass Income Tax Credit (Corporate)
Corporate Tax CreditMarch 21, 2026
$5 per wet ton
Agricultural Biomass Income Tax Credit (Personal)
Personal Tax CreditMarch 21, 2026
$5 per wet ton