2019 New Mexico Statutes
Chapter 7 - Taxation
Article 15A - Weight Distance Tax
Section 7-15A-6 - Tax rate for motor vehicles other than buses; reduction of rate for one-way hauls.
A. For on-highway operations of motor vehicles other than buses, the weight distance tax shall be computed in accordance with the following schedule:
| Declared Gross Weight | Tax Rate | |||
| (Gross Vehicle Weight) | (Mills per Mile) | |||
| 26,001 to 28,000 | 11.01 | |||
| 28,001 to 30,000 | 11.88 | |||
| 30,001 to 32,000 | 12.77 | |||
| 32,001 to 34,000 | 13.64 | |||
| 34,001 to 36,000 | 14.52 | |||
| 36,001 to 38,000 | 15.39 | |||
| 38,001 to 40,000 | 16.73 | |||
| 40,001 to 42,000 | 18.05 | |||
| 42,001 to 44,000 | 19.36 | |||
| 44,001 to 46,000 | 20.69 | |||
| 46,001 to 48,000 | 22.01 | |||
| 48,001 to 50,000 | 23.33 | |||
| 50,001 to 52,000 | 24.65 | |||
| 52,001 to 54,000 | 25.96 | |||
| 54,001 to 56,000 | 27.29 | |||
| 56,001 to 58,000 | 28.62 | |||
| 58,001 to 60,000 | 29.93 | |||
| 60,001 to 62,000 | 31.24 | |||
| 62,001 to 64,000 | 32.58 | |||
| 64,001 to 66,000 | 33.90 | |||
| 66,001 to 68,000 | 35.21 | |||
| 68,001 to 70,000 | 36.52 | |||
| 70,001 to 72,000 | 37.86 | |||
| 72,001 to 74,000 | 39.26 | |||
| 74,001 to 76,000 | 40.71 | |||
| 76,001 to 78,000 | 42.21 | |||
| 78,001 and over | 43.78. |
B. All motor vehicles for which the tax is computed under Subsection A of this section shall pay a tax that is two-thirds of the tax computed under Subsection A of this section if:
(1) the motor vehicle is customarily used for one-way haul;
(2) forty-five percent or more of the mileage traveled by the motor vehicle for a registration year is mileage that is traveled empty of all load; and
(3) the registrant, owner or operator of the vehicle attempting to qualify under this subsection has made a sworn application to the department to be classified under this subsection for a registration year and has given whatever information is required by the department to determine the eligibility of the vehicle to be classified under this subsection and the vehicle has been so classified.
History: 1978 Comp., § 7-15A-6, enacted by Laws 1988, ch. 73, § 33; 2003 (1st S.S.), ch. 3, § 4; 2004, ch. 59, § 1.
ANNOTATIONSThe 2004 amendments, effective July 1, 2004, amended Subsection A to change the gross vehicle weight of "26,000" to "26,001".
The 2003 (1st S.S.) amendment, effective July 1, 2004, increased each of the tax rates in Subsection A by approximately 38.2%, except the "46,001 to 48,000" rate which increased by approximately 25.6%, and substituted "that" for "which" in the introductory language and in Paragraph (2) and "year and has given" for "year, has given" in Paragraph (3) of Subsection B.
