N.M. Stat. § 7-1-36
This is the official text of N.M. Stat. § 7-1-36, part of New Mexico’s Stat — part of the compiled statutory law of New Mexico, published by the state as "Stat." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 7-1-36. Property exempt from levy
Official statutory text
A. There shall be exempt from levy the money or property of a delinquent taxpayer in a total amount or value not in excess of one thousand dollars ($1,000).
B. In addition to the property exempt under Subsection A of this section, there shall also be exempt from levy on an employer of the taxpayer the greater of the following portions of the taxpayer's disposable earnings:
(1) seventy-five percent of the taxpayer's disposable earnings for any pay period; or
(2) an amount each week equal to forty times the minimum wage rate pursuant to Subsection A of Section 50-4-22 NMSA 1978 . The superintendent of regulation and licensing shall provide a table giving equivalent exemptions for pay periods of other than one week.
C. As used in this section, “ disposable earnings ” means that part of a taxpayer's wages or salary remaining after deducting the amounts that are required by law to be withheld.
B. In addition to the property exempt under Subsection A of this section, there shall also be exempt from levy on an employer of the taxpayer the greater of the following portions of the taxpayer's disposable earnings:
(1) seventy-five percent of the taxpayer's disposable earnings for any pay period; or
(2) an amount each week equal to forty times the minimum wage rate pursuant to Subsection A of Section 50-4-22 NMSA 1978 . The superintendent of regulation and licensing shall provide a table giving equivalent exemptions for pay periods of other than one week.
C. As used in this section, “ disposable earnings ” means that part of a taxpayer's wages or salary remaining after deducting the amounts that are required by law to be withheld.
Status: in_force
Need a lawyer in New Mexico?
Find a New Mexico lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.