2006 New Mexico Statutes - Section 7-2-28 — Optional designation of tax refund contribution [; veterans\' national cemetery fund] — (Delayed repeal - See note.)

7-2-28. Optional designation of tax refund contribution [; veterans' national cemetery fund]. (Delayed repeal - See note.)

A.     Any individual whose state income tax liability in any year is lower than the amount of money held by the taxation and revenue department to the credit of such individual for that tax year may designate any portion of the income tax refund due him to be paid into the veterans' national cemetery fund. In the case of a joint return, both individuals must make such designation.   

B.     The secretary of taxation and revenue shall revise the state income tax form to allow the designation by individual taxpayers of such contributions in substantially the following form:   

"New Mexico Veterans' National Cemetery Fund - Check       [ ]

if you wish to contribute a part or all   

of your tax refund to the Veterans' National Cemetery   

Fund. Enter here $   

____________ the amount   

of your contribution.".   

C.     The provisions of this section do not apply to refund amounts intercepted under the Tax Refund Intercept Program Act [Chapter 7, Article 2C NMSA 1978], and any designation under the provisions of this section with respect to such intercepted refunds is void.