New Mexico § 7-13A-3 Imposition and rate of fee; denomination as "petroleum

New Mexico Statutes

§ 7-13A-3 — Imposition and rate of fee; denomination as "petroleum

New Mexico § 7-13A-3

Ch. 7Taxation

Art. 13APetroleum Products Loading Fee

This text of New Mexico § 7-13A-3 (Imposition and rate of fee; denomination as "petroleum) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 7-13A-3 (2026).

Text

products loading fee".

A.For the privilege of loading gasoline or special fuel from a rack at a refinery or pipeline terminal in this state into a cargo tank, there is imposed a fee on the distributor at a rate of one hundred fifty dollars ($150) per load on each gallon of gasoline or special fuel loaded in New Mexico on which the petroleum products loading fee has not been previously paid. The fee imposed by this section may be referred to as the "petroleum products loading fee".

B.For the privilege of importing gasoline or special fuel into this state for resale or consumption in this state there is imposed a fee as provided in Subsection A of this section on each load of gasoline or special fuel imported into New Mexico for resale or consumption on which the petroleum products loading

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products loading fee". A. For the privilege of loading gasoline or special fuel from a rack at a refinery or pipeline terminal in this state into a cargo tank, there is imposed a fee on the distributor at a rate of one hundred fifty dollars ($150) per load on each gallon of gasoline or special fuel loaded in New Mexico on which the petroleum products loading fee has not been previously paid. The fee imposed by this section may be referred to as the "petroleum products loading fee". B. For the privilege of importing gasoline or special fuel into this state for resale or consumption in this state there is imposed a fee as provided in Subsection A of this section on each load of gasoline or special fuel imported into New Mexico for resale or consumption on which the petroleum products loading fee has not been previously paid. For the purposes of this section, "load" means eight thousand gallons of gasoline or special fuel. To determine how many loads a person is to report under the provisions of this section, the person shall divide by eight thousand the total gallons of gasoline reported for the purposes of Section 7-13-3 NMSA 1978 as adjusted under the provisions of Section 7-13-4 NMSA 1978 and the total gallons of special fuels received in New Mexico less any gallons exempted under Section 7-13A-4 NMSA 1978. Loads shall be calculated to the nearest one-hundredth of a load.