Introduced text describes a July 2036 cutoff for high-wage job credits

The introduced text describes a July 1, 2036, cutoff for jobs to meet the date rule for this credit. The date rule covers new jobs created in New Mexico by eligible employers, with different wage minimums based on job location. The employer must meet the other eligibility rules, apply, and receive department approval. The printed date range covers jobs created on or after July 1, 2004, and before July 1, 2036. The text says the act would apply to taxable years beginning on or after January 1, 2026.