2015 New Mexico Statutes
Chapter 7 - Taxation
Section 1 Administration
Section 7-1-6.25 Distribution of petroleum products loading fee; corrective action fund; local governments road fund.
7-1-6.25. Distribution of petroleum products loading fee; corrective action fund; local governments road fund.
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.
History: 1978 Comp., 7-1-6.25, enacted by Laws 1988, ch. 70, 9; 1990, ch. 124, 13; 1993, ch. 298, 1; 1995, ch. 6, 6; 1996, ch. 82, 1.
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