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New Mexico Statutes Chapter 7. Taxation § 7-1-6.25. Distribution of petroleum products loading fee; corrective action fund; local governments road fund

Current as of January 01, 2024 | Updated by Findlaw Staff

A distribution pursuant to Section 7-1-6.1 NMSA 1978 of the net receipts attributable to the petroleum products loading fee shall be made to each of the following funds in the following amounts:

A. to the local governments road fund an amount equal to the net receipts attributable to a fee of forty dollars ($40.00) per load; and

B. to the corrective action fund the balance, if any, of the net receipts.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 7. Taxation § 7-1-6.25. Distribution of petroleum products loading fee; corrective action fund; local governments road fund - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-7-taxation/nm-st-sect-7-1-6-25/

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