2011 New Mexico Statutes
Chapter 7: Taxation
Article 16A: Special Fuels Supplier Tax, 7-16A-1 through 7-16A-21
Section 7-16A-3: Imposition and rate of tax; denomination as special fuel excise tax.
7-16A-3. Imposition and rate of tax; denomination as special fuel excise tax.
A. For the privilege of receiving or using special fuel in this state, there is imposed an excise tax at a rate provided in Subsection B of this section on each gallon of special fuel received in New Mexico.
B. The tax imposed by Subsection A of this section shall be twenty-one cents ($.21) per gallon of special fuel received or used in New Mexico.
C. The tax imposed by this section may be called the "special fuel excise tax".
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