2020 New Mexico Statutes
Chapter 7 - Taxation
Article 1 - Administration
Section 7-1-6.35 - Distribution; contributions to state political party.

Universal Citation: NM Stat § 7-1-6.35 (2020)

A distribution pursuant to Section 7-1-6.1 NMSA 1978 shall be made to the state treasurer in an amount equal to the money designated pursuant to Section 7-2-31 NMSA 1978 as contributions to a state political party, as that term is defined in Section 7-2-31 NMSA 1978. The state treasurer within ten days of receipt of the money from the department shall remit the amount designated for each state political party to that party.

History: Laws 1992, ch. 108, § 2; 1993, ch. 30, § 4.

ANNOTATIONS

Cross references. — For contributions to conservation planting revolving fund, see 7-1-6.34 NMSA 1978.

For optional designation of tax refund, see 7-2-31 NMSA 1978.

The 1993 amendment, effective June 18, 1993, rewrote the catchline which read "Contributions credited to proper state political party" and rewrote this section to the extent that a detailed comparison is impracticable.

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