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2019 New Mexico Statutes
Chapter 7 - Taxation
Article 29B - Natural Gas and Crude Oil Production Incentives
Section 7-29B-5 - Notice to secretary of taxation and revenue.
Universal Citation: NM Stat § 7-29B-5 (2019)
The division shall notify immediately the secretary of taxation and revenue upon:
A. adoption of rules pursuant to the provisions of the Natural Gas and Crude Oil Production Incentive Act;
B. certification of the date that production has been restored on a production restoration project;
C. certification of the date that a well workover project has been completed; and
D. certification of the stripper well properties for the fiscal year.
History: Laws 1995, ch. 15, § 5; 1999, ch. 256, § 6.
ANNOTATIONSThe 1999 amendment, effective June 18, 1999, deleted "and regulations" following "rules" in Subsection A, and added Subsection D.
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