2011 New Mexico Statutes
Chapter 7: Taxation
Article 2C: Tax Refund Intercept Program, 7-2C-1 through 7-2C-14
Section 7-2C-2: Purpose.
A. The purpose of the Tax Refund Intercept Program Act is to comply with state and federal law:
(1) by enhancing the enforcement of child support and medical support obligations;
(2) to aid collection of outstanding debts owed for:
(a) overpayment of public assistance and overissuance of food stamps;
(b) overpayment of unemployment compensation benefits and nonpayment of contributions or payments in lieu of contributions or other amounts due under the Unemployment Compensation Law [51-1-1 NMSA 1978];
(c) nonpayment of reimbursements owed to the uninsured employers' fund under the Workers' Compensation Act [52-1-1 NMSA 1978]; and
(d) nonpayment of the workers' compensation fee due under the Workers' Compensation Administration Act [52-5-1.1 NMSA 1978];
(3) to promote repayment of educational loans;
(4) to aid collection of fines, fees and costs owed to the district, magistrate and municipal courts;
(5) to aid collection of fines, fees and costs owed to the Bernalillo county metropolitan court; and
(6) to aid in the payment to the state investment officer of film production tax credit amounts owed to the state investment officer due to loans made against the credit pursuant to Subsection D of Section 7-27-5.26 NMSA 1978.
B. Efforts to accomplish the purpose of the Tax Refund Intercept Program Act may be enhanced by establishing a system to collect debts, in particular, outstanding child support obligations, educational loans, amounts due under the Unemployment Compensation Law, the Workers' Compensation Act and the Workers' Compensation Administration Act, fines, fees and costs owed to the district, magistrate and municipal courts, film production tax credit amounts owed to the state investment officer and fines, fees and costs owed to the Bernalillo county metropolitan court, by setting off the amount of such debts against the state income tax refunds or film production tax credit amounts due the debtors.
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